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Rice Works

Resting on the city side of the Heap’s Mill development, Rice Works comprises two contemporary blocks of serviced apartments that blend seamlessly into the Grade II listed architecture of The Mill.

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A high-income and versatile investment opportunity in the North West, Rice Works is the perfect entry point to the lucrative short-term rental market.

Rice Works is a striking new-build residential development that will form part of the Heap’s Mill development. This scheme will become a central landmark, linking the Baltic Triangle with Liverpool One and the Royal Albert Dock on the waterfront. This revolutionary project will introduce a range of apartment styles designed over four distinct blocks, as well as incorporate an upmarket four-star hotel into the master plan. 

All properties within Rice Works have serviced apartment short-stay planning consent, making them ideal for investors interested in entering the short to medium-term rental market. With access to the five-star residential facilities of the Heap’s Mill development and close to Liverpool’s main attractions and concert venues, Rice Works offers an incomparable opportunity to profit from a short-term rental market that’s growing by the year.

Bringing a range of opulent Manhattans, 1 and 2-bedroom apartments to the Heap’s Mill development, each diligently designed living space comes complete with a fully integrated kitchen, premium flooring, and expansive windows that enhance the stunning city views, appealing to a broad tenant base.

This is an unbeatable investment opportunity in a highly connected location with extraordinary onsite facilities including a spa, rooftop bar, and even a museum. The development utilises sustainable and energy-saving technology throughout to maximise potential EPC ratings and keep running costs down.

Development Overview Video​

Investment Overview

Starting Price
£159,950

Projection by 2029
29.4% Capital Growth

NET Return
7% Projected

Management Option
Available

Annual Rental Income
£21,347

Liverpool
Baltic Triangle L1

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Take a Virtual Tour!

You can take a full Virtual Tour showing the development’s exterior, the interior of each property type, facilities as well as a bird’s eye view of the area. Simply select a time and day and we will happily take you through this exciting project! Sessions are usually 15 minutes

Gallery

23 Heaps Mill Block B Exterior Day
26 Heaps Mill Block B Exterior Night
12 Rice Works - Cafe
04 Rice Works - Terrace Day
20 Rice Works - 2BedApt Living
16 Rice Works - 1BedApt Bedroom
09 Rice Works - 1BedApt Living
06 Rice Works - Studio Kitchen
19 Heaps Mill Block B Exterior Day
02 Rice Works - Terrace Day
19 Rice Works - Lobby
15 Rice Works - Lobby
14 Heaps Mill Block B Aerial
15 Heaps Mill Block B Rear
24 Rice Works - 2BedApt Bedroom1
22 Rice Works - 2BedApt Kitchen
08 Rice Works - Spa
03 Rice Works - Terrace Day
13 Rice Works - Cafe
28 Heaps Mill Block B Exterior Night
25 Heaps Mill Block B Exterior Day
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Facilities & Specifications

Gym

Rooftop Terrace & Bar

Spa

Museum & Cafe

Resident Lounge

Bicycle Storage

Reception & Concierge

Eco-Features

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Floor Plans

Manhattan apartment

1 bed apartment

2 bed apartment

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Key Investment Figures.

Apartment Example: Manhattan Apartment

Investment:

Projected Fees:

Further Investment Details:

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Location Overview

Investors in Rice Works will benefit from the property’s central location and proximity to key Liverpool landmarks. As part of the Heap’s Mill development, Rice Works will be ideally located between the Baltic Triangle and all of Liverpool’s central amenities and attractions.

The Baltic Triangle is a pioneering new destination on the edge of the city’s iconic docklands. £128 million is being invested across the 93-acre site where there are now many bars, restaurants, and entertainment venues. 

Voted number 1 in a list outlining the ‘coolest’ places to live in Britain by The Times, the Baltic Triangle is a vibrant, mixed-use zone for young professionals and creatives. The area is also one of the driving forces behind the success of Liverpool’s digital economy, home to over 500 firms in technology, media, and creative industries.

Royal Albert Dock

  • 0.8 miles From Rice Works
  • Home to the M&S Bank Area
  • £58m Investment in Museums
  • Most Visited Tourist Attraction in Liverpool
  • Most Grade I Listed Buildings Outside of London
 

Ropewalks

  • 0.1 miles From Rice Works
  • Popular Bars & Restaurants
  • Independent Businesses
  • Oldest Chinatown in Europe
  • Liverpool Central Station
  • Grade I Listed Bluecoat Building
 

Liverpool One

  • 0.06 miles From Rice Works
  • £960m Regeneration Project
  • Premium Corporate & Commercial Space
  • UK’s Largest Open-Air Shopping Centre
  • Over 30 Million Visitors Last Year
 

Baltic Triangle

  • 0.2 miles From Rice Works
  • £128m Regeneration Project
  • New Merseyrail Train Station Opening 2027
  • Enhanced Cycle & Pedestrian Routes
  • Over 500 Businesses & 3,000 Employees 
 

Liverpool Waters

  • 0.7 miles From Rice Works
  • £5.5bn Liverpool Waters Regeneration Project
  • 150 Acres of Former Docklands
  • 3.3m ft² Business Space
  • Key Part of Atlantic Gateway Initiative 
 

Lime Street Station

  • 0.6 miles From Rice Works
  • Main Station Serving Liverpool
  • £140m Transformation Finished in 2018
  • £39m Lime Street Gateway Project
  • 36 Mins to Manchester, 2 Hours 13 Mins to London

Location Map

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Award-Winning Developer

With an established portfolio comprising 28 world-class developments, each completed to an impeccable standard, Legacie Developments specialises in creating luxury living  environments in key UK cities.

Legacie Developments has gone from strength to strength since its establishment, being recognised on numerous occasions for its world-class work.

From the delicate restoration and redevelopment of listed buildings to pioneering projects that have seen the construction of some of the UK’s most stunning residential highrises, Legacie has cemented its status as one of the principal names in property development.

 

North West Property Developer of the Year

28 Developments Launched

2,850 Units Sold

£475 Million Completed Projects

Rice Works
Liverpool, L1 8DG

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+44 (0) 151 808 1270

DISCLAIMER

Please note that past performance is no guarantee of future performance. The value of investments may fall as well as rise and that you may not get back the amount originally invested. The information contained on the website has been prepared by RW Invest Group entities without reference to any particular user’s investment requirements or financial situation. Potential investors are encouraged to consult with professional tax, legal, and financial advisors before making any investment into an offering by a RW Invest Group entity. Any stated deposit amount is to exchange on the property and is required in cash. The remainder of any funds will be due on specified stage payments and completion dates. Mortgages are not always available, it is recommended that you carry out your own research. 

RW Invest Group entities are not regulated by the Financial Conduct Authority (FCA) and investors will not have access Financial Services Compensation Scheme (FSCS). Investments such as those advertised by RW Invest Group entities are speculative and involve substantial risks to consider before investing, outlined in the respective offering materials and including, but not limited to, illiquidity, lack of diversification and complete loss of capital.

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