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1 bed flat for sale

£55,950 (£366/sq. ft)

Iiiad Place, Liverpool, Merseyside L3

1 1 153 sq. ft*
Interested in this property? Call +44 20 8115 5437 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Opulent are proud to offer the latest offering in our Student Accommodation portfolio, Phoenix Place in Liverpool.

Phoenix Place phase one boasts 134 en-suite and studio apartments, offering the ultimate in contemporary student accommodation in Liverpool. Part of a larger three phase development, Phoenix place is schedule to be completed in September 2018.

Sited on Iliad Street, these apartments are within walking distance of all the main University establishments and Liverpool City Centre; and have been built as part of ongoing regional development in the area.

The amenities within the immediate vicinity offer everything students need to make the most of student life. These include a fully equipped sports center, gymnasium and swimming pool all less than half a mile away; the historic Greatie market is right on the doorstep, and a large Sainsbury's supermarket (due to open in 2017) is just 500m away.

And whilst there's plenty to do and see nearby, for those who wish to travel further afield, there is also easy access to the main routes out of Liverpool via road and public transport. This includes the Lime street train station and the National bus depot which are less than a mile away.

The developer in charge of the project is one of the leading developers in the North West, and having brought their 25 years of experience to this project, the result is a stunning array of apartments created to the highest specifications.

Phoenix Place sits within a hub of student accommodation and residential apartments, which are part of an ongoing massive redevelopment project within the region. In total, an estimated £200millon is being ploughed into the local vicinity as redevelopment continues over the next two years.

Additionally, on the edge of this development is the £150million Jennifer Project which sees the regeneration of a 45-acre site of land. The fact that so much investment is being put into this area makes Phoenix Place an extremely desirable place to live and a thriving place to invest into. Ultimately, in Phoenix Place, the developer has created a stylish solution to meeting the rising demand for student accommodation in Liverpool, whilst also providing a perfect investment opportunity.

Investment Highlights

• Ensuite prices at £49,950 and Studios at £57,950
• Free furniture packs included as standard
• Early bird discount Prices will increase by 5% on Phase 2
• 9% rent guarantee for 5 years post completion
• 5% interest on deposits during construction
• Managed by the leading student accommodation operator Urban Student Life
• Within a 15-minute walk to three universities home to over 70,000 students
• Fully managed handsoff investment
• Proven developer with 25 years’ experience
• Situated at the doorstep of a £150m regeneration project
• Among the lowest priced student accommodation in the UK

Payment Plan

• £5000 Reservation Fee
• 50% Deposit on Exchange
• 25% on structural completion
• Balance on Completion September 2018

Why Liverpool?

• Average rental yields of 6.56% compared to 5.2% in London
• 6.2 million people within one hour's drive of the city center
• 66,000 students from 5 universities
• 28,000 skilled people employed in financial/professional service sector
• £1.6 billion of construction currently underway
• 57 million visitors to the city between 2012-2016
• Property in Liverpool have grown 4.2% in the last 3 months more than any other city in the UK(Hometrack Report)
• Fastest growing economy in the UK outside of London
Market activity
Average price paid £160,627 Sales 236 Current average value £178,800 (Zoopla Zed-Index) Value change £5,524 ▲ 3.19%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £218,596 £127 3.8 -
Semi-detached £172,973 £230 2.7 £170,056
Terraced £166,873 £210 2.9 £165,166
Flats £179,696 £258 1.9 £159,990

Current asking prices in L3

Average: £146,770
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £126,250
(2)
£171,650
(3)
£245,000
(5)
£110,000
(1)
-
Flats £95,455
(420)
£194,452
(233)
£386,342
(54)
- -
All £95,601
(422)
£194,162
(236)
£374,364
(59)
£110,000
(1)
-

Current asking rents in L3

Average: £941 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £472 pcm
(5)
£982 pcm
(2)
£1,028 pcm
(3)
£949 pcm
(1)
£2,113 pcm
(2)
Flats £616 pcm
(53)
£822 pcm
(70)
£1,669 pcm
(13)
£2,449 pcm
(5)
£1,148 pcm
(1)
All £604 pcm
(58)
£827 pcm
(72)
£1,549 pcm
(16)
£2,199 pcm
(6)
£1,791 pcm
(3)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £367,574
Navigation Wharf £265,786
Wapping Quay £253,398
Princes Parade £249,761
Coburg Wharf £249,119
Highest turnover in L3
Highest turnover streets Turnover
Brook Street 44.6%
Lace Street 44.0%
Burlington Street 29.6%
South Ferry Quay 28.3%
Rumford Place 27.3%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (504 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Liverpool:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Liverpool Lime Street (0.5 miles)
  • Moorfields (0.6 miles)
  • Liverpool Central (0.7 miles)
  • Liverpool John Lennon Airport (7.7 miles)
  • Blackpool International Airport (24.8 miles)
  • Manchester International Airport (29.3 miles)
  • Liverpool Pier Head Ferry Terminal (1.0 mile)
  • Liverpool Isle of Man & Dublin Terminal (1.0 mile)
  • Seacombe Ferry Terminal (1.6 miles)

Nearby schools

View all schools in Liverpool
  • Faith Primary School (0.3 miles)
  • Holy Cross Catholic Primary School (0.3 miles)
  • Millstead School (0.3 miles)
  • The City of Liverpool College (0.7 miles)
  • LIPA Sixth Form College (1.1 miles)
  • Harmonize Academy AP Free School (1.3 miles)
  • Notre Dame Catholic College (0.8 miles)
  • North Liverpool Academy (0.8 miles)
  • Christian Fellowship School (1.3 miles)
Note: Distances are straight line measurements

Local info for Liverpool

AskMe Q&A for Liverpool

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Opulent Investments LTD, L3 on +44 20 8115 5437 * (local rate)

Monthly running costs Beta

£409 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,595
Repayment term 25
Interest rate 1.5
Your payment £201 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £17/mo (£202/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £27 Estimated energy cost £46/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Liverpool

Estimated tax band A Council tax cost £117 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Opulent Investments LTD about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Opulent Investments LTD, and do not constitute property particulars. Please contact Opulent Investments LTD for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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