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In a truly rare and distinctive investment offering, student accommodation at The Bridewell has successfully reworked a historic Victorian building to create a total of 87 chic student rooms in Liverpool city centre.

From prison cells to luxury student rooms. Beautifully exposed brickwork brings a touch of history to each apartment

Following the extensive renovation of a listed Victorian building, The Bridewell offers 87 modern student rooms in a prime central Liverpool location. This £2.6 million conversion has not only restored an architectural gem but reinvigorated the Liverpool residential scene by adding much-needed accommodation to one of the UK’s fastest-growing student property markets.

This development was completed in 2015 by a leading Liverpool property developer and has experienced high tenancy rates ever since. Prices start at just £74,995 with 8% rental returns assured for the first two years.

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The Bridewell has a story to tell like no other student accommodation complex in Liverpool. The building is a former Victorian prison, left unused since 1997 when it was occupied by Merseyside Police. Recognised as Liverpool’s major lock-up for over 130 years, this unconventional venue has become one of Liverpool’s most popular student accommodation developments.

Featuring stunning original brickwork, characteristic windows and typically prison-worthy doorways, The Bridewell successfully retains Grade II listed status. History awaits you around every corner, with the atrium previously being used as an exercise yard for prisoners now housing the stylish student lounge. 

Whether it’s tales of inmates trying to escape or the ghostly stories of the fates of prisoners, the development’s 100% occupancy rate since opening its doors in 2015 is a testament to its charm and appeal. 

Investment Overview

Prices from
£74,995

Completed
& Tenanted

Rental Return
8%

Management Option
Available

Grade II
Listed Building

Liverpool
City Centre

Take a Virtual Tour of the Properties!

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

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Facilities & Specifications

Communal Spaces

Mini Gym

Reception & Concierge

Onsite Laundry

Floor Plans

1 bed apartment
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Key Investment Figures

Apartment Example: 1 - Bedroom Apartment

Investment:


Property Price: £79,995

Estimated Monthly Rent: £520

Estimated Annual Rental Income: £6,399

Projected Fees:


Service Charge Est: £1,034

Management Fees: Included in Service Charge

Ground Rent: £250

Further Investment Details


Leasehold Term: 245 Years

Planning Approved: 2014

Completion Date: 2015

Location Overview

Liverpool is currently one of the hottest locations to invest in buy to let property, and an even more savvy destination choice for student property investment. Perfectly combining top-rated university campuses with world-class museums and art galleries, bars, restaurants and smooth transport links, it’s a city where over 70,000 students have selected to undertake their studies.

The Bridewell is situated right in the middle of the action and is one of our most central student properties ever launched. Only a short eight minute walk to Liverpool John Moores University, it’s well located for access to the city’s universities whilst being on the doorstep of Moorfields train station and the Central Retail District.

Spanning sectors in education, culture, research and technology over 450 acres, the Knowledge Quarter is the innovative heart of Liverpool city centre and can be reached within 15 minutes from The Bridewell.

With over £2 billion, it has grown to become home to the city’s finest universities and colleges, cathedrals, theatres, hospitals and research hubs. Every day, ground-breaking global developments take place at Sensor City and the Materials Innovation Factory while the Royal College of Physicians have selected it as their new headquarters.

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Knowledge Quarter
Knowledge Quarter

1.0 mile from The Bridewell

£2 Billion Regeneration Scheme

Key Research & Innovation Hub

Leading Universities & Health Science Campuses

Over 12,000 Healthcare Professionals

Approximately 60,000 Students

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Liverpool One
Liverpool One

0.3 miles from The Bridewell

£960m Regeneration Project

Premium Corporate & Commercial Space

UK’s Largest Open-Air Shopping Centre

Over 30 Million Visitors Last Year

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Ropewalks
Ropewalks

0.7 miles from The Bridewell

Popular Bars & Restaurants

Independent Businesses

Oldest Chinatown in Europe

Liverpool Central Station

Grade I Listed Bluecoat Building

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Lime Street Station
Lime Street Station

0.5 miles from The Bridewell

Main Station Serving Liverpool

£140m Transformation Finished in 2018

£39m Lime Street Gateway Project

36 Mins to Manchester, 2 Hours 13 Mins to London

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Royal Albert Dock
Royal Albert Dock

0.7 miles from The Bridewell

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

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Baltic Triangle
Baltic Triangle

1.0 mile from The Bridewell

£128m Regeneration Project

New Merseyrail Train Station Opening 2027

Enhanced Cycle & Pedestrian Routes

Over 500 Businesses & 3,000 Employees 

Location Map

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Caro Developments

1,550+

Units Sold

£160m

Worth of Completed Developments

50+

Investor Nationalities

CARO Developments is a leading Liverpool-based property developer that has sold over 1,550 units across the student, residential and short-term lettings sectors.

Since its establishment, CARO has completed £160 million worth of high-quality properties in areas earmarked for future growth. Developments such as Poet’s Place, City Point, and The Bridewell have simultaneously delivered affordable buy-to-let options that yield high returns and improve local residential landscapes.

Each property CARO brings to the market is designed to meet modern living standards and appeal to the North West’s growing rental demographic. In addition to providing quality accommodation for residents, these schemes have attracted investors from over 50 countries, helping to drive economic and property market growth across the North West.

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CARO Developments endeavour to create practical living spaces combined with outstanding residential and service amenities that are in tune with today’s market.

Our work with all stakeholders ensures that our developments are welcomed and recognised for adding value to the communities in which they are located.

Using our expertise and industry partnerships, we aim to deliver high-quality residential and student buildings that meet and exceed the needs of UK and overseas investors.

Recently Completed Developments

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Poet’s Place
Poet’s Place

127 Dual-Use Apartments

£13.6 Million Development

Completed in 2021

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Shaw Street
Shaw Street

57 Student Apartments

Close to all three of Liverpool’s universities

Completed in 2013

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