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Call: +44(0)1628 397840

One Islington Plaza, Liverpool

Development Details

Starting From:

£62,995

Number of units:

317

Completion:

Q3 2018

Location:

Devon Street, Liverpool, L3 8HA United Kingdom

Exterior 2
Exterior 3
Exterior 4
Exterior Restaurant + Store
Exterior Square
Gymnasium 1
North Facing Higher Floor Unit
Recreation Area
Room
South Facing Higher Floor Unit
Studio 1
Studio 2
Study Rooms
West Facing Higher Floor Unit
Cinema Room
Coffee Shop
Communal Kitchen 2
Communal Kitchen
Exterior 1

sold out

One Islington Plaza, Liverpool

Development Details

Starting From:

£62,995

Number of units:

317

Completion:

Q3 2018

Location:

Devon Street, Liverpool, L3 8HA United Kingdom

Key Highlights

Walking Distance to the 4 Major Universities

8% Assured Net Rental Income for 3 Years

Located Near to Royal Liverpool University Hospital

Fully fitted kitchens in all studio apartments

Information on One Islington Plaza, Liverpool

  • Overview
  • About 1 Islington Place
  • Why 1 Islington Place
  • On Location
  • Floor Plans
  • The Developer
  • Financials
  • Rental Management
  • The Architects
  • Video
  • Market Due Diligence
  • Reservation Process
  • Availabilty
  • Construction Update


Number of Apartments for Sale:  208 Smart Studios & Micro-apartments (residential)

Key Points

  • Located in Liverpool city centre in the Fabric District regeneration zone
  • Less than 500 metres from the £335m from new Royal Liverpool University Hospital. (Key workers targeted as tenants)
  • Just over 500 metres to Liverpool Lime Street train station
  • Nearest Shopping Centre only 750m away, Liverpool ONE only 1.2km
  • 600m from the Cultural Quarter (museums, galleries, Empire Theatre, etc)

Facilities

  • Free high-spec furniture pack included in the price
  • High-quality fittings (e.g. quartz worktops, wood-effect flooring (very hard wearing, easy to clean and maintain), fully-fitted wardrobes, bed, sofa, TV, cutlery, crockery, pots, pans, kettle, toaster, mini fridges and safe, etc)
  • On-site management from YPG. After-hours management from Rebloom Ltd
  • Hotel style access control systems & parcel reception/concierge
  • High speed Wi-Fi internet in all rooms
  • Further communal kitchen with fully fitted appliances, including dishwashers
  • Monitored CCTV system & On-site laundry

Is the project completed & tenanted, a new-build or a refurbishment project? Off plan
Construction Begins: Q3 2017
Completion Date: Q1 2019
When was Planning approved? 13th December 2016, change of use expected at end of December
Warranty Details (NHBC, Zurich, other): NHBC or equivalent
Type of Apartments available: Studios & micro-apartments

Price Range: £75,950- £125,950
Size Range: 25.0 sqm – 42 sqm
Parking Included: No
Furnishing Included: Yes

Rental Calculations per type

Monthly Rent: TBC
Service Charge & Management Fees: £1150 per year
Ground Rent: £350    

Reservation Deposit: £5,000
Payment Structure: 50% exchange less reservation deposit, 25% staged payment in Q3 2018 (when the development is sectionally complete) and 25% on completion
Mortgage-able? Yes over 30 sqm subject to availability and lending criteria
Are the apartments currently tenanted? No
Is there a designated rental management company in place (website)? Re-bloom Limited.
How many years is the leasehold? 250 years
Recommended Solicitor & Solicitor Costs? PLS – Rob Thomas. £550 +VAT and Disbursements

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