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Colemans Fireproof Despository,114 - 124 Northumberland Street, Liverpool, L8

PROPERTY TYPE

Block of Apartments

BEDROOMS

17

BATHROOMS

17

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Close to public transport
  • Modern Furnishings
  • Open Brick Decor
  • Popular Rental Accommodation
  • low service charge
  • Fully Let Portfolio
  • 17 Self Contained Stylish Studios
  • 8% Net Yield

Description

Urban Evolution are offering a fully let portfolio containing 17 self-contained stylish, modern studios, rents ranging from £500pcm - £725pcm offering a 8% Net Yield. The development is a popular rental accommodation always at full occupancy and in demand with tenants. The building is let to a mix use of working professionals and higher level students. Service charge is £1,440.72 annually, Ground rent is £350.00 annually.

Coleman's Fireproof Depository which was originally built in 1900 has been converted into 27 loft style studio apartments. Each apartment resembles a modern twist on "warehouse" decor as the original brick and exposed pipes wrap around each apartment. The building which is across four floors also offers extra storage space in the basement and offers full management for tenants. Local schools, shops and amenities within walking distance and With the Baltic Market a stone throw away and a short walk into Liverpool City Centre you will feel as if you have everything on your door step.

A City to Invest In

With the ongoing development of Liverpool's dock front, one of the largest investments for the city in recent years, a £5 billion regeneration scheme looks to create 2 million square metres of residential, business and leisure spaces. The scheme is certainty attracting the attention of investors locally & internationally; now is the time to invest in Liverpool's booming property development.

High quality, cost competitive and low risk – Liverpool ranks in the top 10 for start-up ecosystems and has attracted over £2.5 Billion in physical investment over the past 5 years.

The University of Liverpool is a UK centre for world-leading computer science research, the city region is home to 70,000 students and 30,000 graduates at any one time, an attractive market for anyone looking to invest in modern apartments designed for this demographic.

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Colemans Fireproof Despository,114 - 124 Northumberland Street, Liverpool, L8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brunswick Station0.5 miles
  • St. Michaels Station1.1 miles
  • Liverpool Central Station1.2 miles
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About the agent

Urban Evolution, Liverpool

Third Floor Honeycomb & Helix Building , Edmund Street, Liverpool L3 9NG

Urban Evolution, Liverpool

Urban Evolution is a privately owned independent company, established in Liverpool by three experienced property professionals.

With over 30 years combined experience between them, their collective knowledge and expertise covers advice on property development, lettings & property management, service charge structure, budgeting, service charge collection and management, contractor procurement, health and safety, accountancy and surveying services. The company evolved from their desire to

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