Phoenix Place, Room 85, Flat A12, 5 Prince Edwin Street, Liverpool, Merseyside, L5 3AA
Phoenix Place, Room 85, Flat A12, 5 Prince Edwin Street, Liverpool, Merseyside, L5 3AA
The property is located at the junction of Prince Edwin Street and Iliad Street, which can be accessed from St Annes Street (B5186) via Fox Street, within easy walking distance of a variety of shops, gyms and restaurants. Liverpool City Centre is approximately 1 mile to the south.
A student investment pod within a purpose built student accommodation block with 24 hour concierge and modern shared kitchen-dining facilities. The pod features a bed and built in desk furniture with a separate modern shower room. The property is currently tenanted until 15 July 2022 and producing a combined rent of £4,356.
We understand the property is held by way of a 250 year lease from 1 January 2017 at a ground rent of £700 per annum. The current service charge is £2,034.06 per annum.
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 26TH APRIL AND CLOSES ON WEDNESDAY 27TH APRIL.
3. Energy Performance Certificate = B.
4. A proposal has been made to set up a shareholding company with other leaseholders and the freeholder to acquire a loan on favourable terms to pay for the building repairs and to pursue 3rd party claims in court against the original chartered surveyor to reimburse the building costs. Further information is contained in the legal pack.
5. The photographs provided are from marketing literature prior to the development being occupied.
