Skip to content
Get brand editions for Hewitt Adams Ltd, Heswall

Fazakerley Street, Liverpool

PROPERTY TYPE

Block of Apartments

BEDROOMS

17

BATHROOMS

17

SIZE

Ask agent

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

Freehold

Key features

  • Luxury Block Of Apartments
  • Central Liverpool Location
  • Turn-Key Investment
  • All Currently Let
  • High Quality Kitchens & Bathrooms
  • Stunning Features
  • Sold With FREEHOLD
  • Council Tax Band -

Description

Design House, 5 Fazakerley Street, Liverpool, L3 - Guide Price £1,800,000

An exceptional opportunity to acquire a fully refurbished block of 9 luxury apartments in Liverpool city centre, producing £116,400 per annum (approx. 6.5% yield).

The development comprises 8 x two-bedroom and 1 x one-bedroom apartments, all finished to an exceptional, contemporary standard and fully let, providing immediate income. Situated within Liverpool’s prime business district, just off Old Hall Street, the property benefits from strong tenant demand and excellent connectivity.

Design House is situated in the heart of Liverpool’s business district, just off Old Hall Street which had been vacant since 2016 and was previously used as a Leisure Club. The building sits within the Castle Street Conservation Area and so the development works had to be sensitive to the area and in keeping with the council planning constraints. This building was originally part of the American embassy complex before it was knocked down in 1902 to make way for a branch of the Mersey Tunnel which runs directly under the site. The new building was built around 1912 when it appears again on the Gore’s Directory. In its new form it was a cotton warehouse, brewery, leather goods shop and a design and production studio for Littlewood’s catalogue.

**Sold as a business asset, offering potential stamp duty savings and a turnkey investment opportunity.**

Lower Ground Floor -

Apartment 5A - LOWER GROUND FLOOR
2 BEDROOM
2 BATHROOM
738 SQFT
CURRENTLY LET AT - £950

Apartment 5B - LOWER GROUND FLOOR
TWO BEDROOM
TWO BATHROOM
705 SQFT
CURRENTLY LET AT - £1,000

Apartment 5C - LOWER GROUND FLOOR
TWO BEDROOM
TWO BATHROOM
711 SQFT
CURRENTLY LET AT - £950

Ground Floor -

Apartment 1 - GROUND FLOOR
ONE BEDROOM
ONE BATHROOM
557 SQFT
CURRENTLY LET AT - £900

Apartment 2 - GROUND FLOOR
TWO BEDROOM
TWO BATHROOM
842 SQFT
CURRENTLY LET AT - £1,200

Apartment 3 - FIRST FLOOR
TWO BEDROOM
TWO BATHROOM
727 SQFT
CURRENTLY LET AT - £1,175

Apartment 4 - FIRST FLOOR
TWO BEDROOM
TWO BATHROOM
763 SQFT
CURRENTLY LET AT -£1,150

Penthouses - TWO BEDROOM
TWO BATHROOM
LOWER GROUND FLOOR
738 SQFT
CURRENTLY LET AT -

Apartment 5 - PENTHOUSE
TWO BEDROOM
TWO BATHROOM
636 SQFT
CURRENTLY LET AT - £1,200

Apartment 6 - PENTHOUSE
TWO BEDROOM
TWO BATHROOM
687 SQFT
CURRENTLY LET AT - £1,125

Additional Information - Refurbishment work began in November 2019. Development of this site included removing the Welsh slate tiled roof with the tiles being retained and graded to be installed back on the newly constructed Mansard roof.

All let and maintained through Hewitt Adams. All fully let.

Brochures

Fazakerley Street, LiverpoolBrochure
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.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Fazakerley Street, Liverpool

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Check how much you can borrow

Get an instant, personalised result:

  • Show sellers you’re serious
  • Secure viewings faster with agents
  • No impact on your credit score
Recently sold & under offer
See similar nearby properties
Get brand editions for Hewitt Adams Ltd, Heswall

About Hewitt Adams Ltd, Heswall

20 Pensby Road, Heswall, CH60 7RE
Industry affiliations:

Hewitt Adams is a local, independent Estate & Lettings Agent located on the High Street in the heart of Heswall on the Wirral. The branch specialises in sales & lettings across the whole of the Wirral.

The company is run day in day out by it’s two Directors; Daniel Hewitt & Ben Adams and they spearhead a team of enthusiastic property professionals with decades of experience within the property industry between them.

At Hewitt Adams we always put the customer first and your motivations when buying, selling or renting are always the first question we ask. We invest time and energy into building a lasting relationship with our customers and are completely committed to acting in your best interests; whether it be selling your house for the maximum possible price, finding you the perfect tenant or helping you move into your dream home.

At Hewitt Adams we go above and beyond to make ‘your property our priority’.

Affordability

Monthly repayments£8,209
Property: £ 1,800,000
Deposit: £ 180,000
Interest rate: 4.5%
Term: 30 years
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 34545339. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hewitt Adams Ltd, Heswall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.