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Studio for sale

£60,950 (£347/sq. ft)

Iiiad, Liverpool L5

4 175 sq. ft*
Interested in this property? Call +44 161 506 9706 * or

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

Property description

Information on phoenix place


Phoenix Place phase one boasts 134 en-suite and studio apartments, offering the ultimate in contemporary student accommodation in Liverpool. 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 £150 million Jennifer Project which sees the regeneration of a 45-acre site of land.

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

Project Jennifer
Project Jennifer is a £150 million mixed use regeneration programme that has been implemented by Liverpool City Council. The plans for this regeneration will see improvements made to 45 acres of land at Great Homer Street, which lies North of Liverpool City centre, next to Iliad Street. The extent of this regeneration project has meant further investment has been drawn to the area, with new residential buildings and retail properties, as well as new schools and improved transport links. Additionally, Sainsbury’s has committed to a 250-year lease on a large supermarket store.

Some of the key highlights of Project Jennifer include:
• 80,000 sq. Ft. Of new retail stores
• A new indoor and outdoor market
• A new District Centre
• 500 new homes
• New medical and care facilities
• New schools
• A petrol filling station
• Free car parking spaces
• The creation of thousands of jobs

Phoenix Place - Investment Highlights
• Purchase a standard studio apartment for £57,950
• Purchase a Standard En-Suite Apartment for £49,950
• Fully managed investment (Urban Student Life)
• Six floors of cluster apartments
• Communal cluster lounges
• Fully fitted kitchens
• 9% net for 5 years assured
• Contemporary fixtures and fittings
• Exceptional local facilities and amenities
• Within an area of extensive redevelopment
• National rail links just a 10 minute walk away
• Walking distance from the city centre
• Located next to a large park
• Close to a local police station
• Next to a new supermarket due to open in 2017
• Three new schools recently built within the local area
• Estimated completion date: Q3 2018

Phoenix Place - Available Payment Plans
£5,000.00 reservation fee
50% exchange deposit
25% instalment 6 months after exchange
25% on practical completion
Market activity
Average price paid £76,429 Sales 73 Current average value £90,145 (Zoopla Zed-Index) Value change £2,873 ▲ 3.29%

Property value data/graphs for L5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £111,531 - 3.1 £99,330
Semi-detached £126,084 £136 3.1 £126,365
Terraced £76,941 £116 2.8 £56,431
Flats £92,955 £147 1.9 £82,080

Current asking prices in L5

Average: £86,218
Avg. current asking prices in L5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £74,330
(22)
£107,876
(47)
£129,011
(18)
-
Flats £74,972
(43)
£116,633
(3)
£81,856
(8)
£147,212
(4)
-
All £74,972
(43)
£79,406
(25)
£104,091
(55)
£132,320
(22)
-

Current asking rents in L5

Average: £592 pcm
Avg. current asking prices in L5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £394 pcm
(1)
£502 pcm
(8)
£609 pcm
(8)
£1,010 pcm
(5)
£182 pcm
(1)
Flats £436 pcm
(13)
£445 pcm
(9)
£399 pcm
(2)
- -
All £433 pcm
(14)
£472 pcm
(17)
£567 pcm
(10)
£1,010 pcm
(5)
£182 pcm
(1)

Fun facts for L5

Highest value in L5
Highest value streets Zed-Index
Houlgrave Road £157,963
Snowdon Lane £149,391
Kemp Avenue £145,728
Telary Close £144,817
Barmouth Way £143,438
Highest turnover in L5
Highest turnover streets Turnover
Stanza Court 58.3%
Pansy Street 23.9%
Chilmark Road 21.1%
Gem Street 20.0%
Little Heyes Street 19.0%

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

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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 (0.8 miles)
  • Moorfields (0.8 miles)
  • Liverpool Central (0.9 miles)
  • Liverpool John Lennon Airport (7.9 miles)
  • Blackpool International Airport (24.5 miles)
  • Manchester International Airport (29.3 miles)
  • Liverpool Pier Head Ferry Terminal (1.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.2 miles)
  • Seacombe Ferry Terminal (1.7 miles)

Nearby schools

View all schools in Liverpool
  • Faith Primary School (0.1 miles)
  • Millstead School (0.1 miles)
  • The Trinity Catholic Primary School (0.4 miles)
  • The City of Liverpool College (1.0 mile)
  • LIPA Sixth Form College (1.3 miles)
  • Harmonize Academy AP Free School (1.3 miles)
  • Notre Dame Catholic College (0.5 miles)
  • North Liverpool Academy (0.6 miles)
  • The Academy of St Francis of Assisi (1.4 miles)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L5

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
Royal Properties, M7 on +44 161 506 9706 * (local rate)

Monthly running costs Beta

£410 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,095
Repayment term 25
Interest rate 1.5
Your payment £219 /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.

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.

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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 Royal Properties, and do not constitute property particulars. Please contact Royal Properties 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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