Modern student studio in central Phoenix Place — auction sale, tenant in situ.
Very low guide price £14,000 — low entry cost for investors
Priced at £14,000, this compact studio in Phoenix Place offers immediate entry to the Liverpool student rental market. The apartment is modern, self-contained and currently let on an assured tenancy — attractive for investors seeking an easy-to-manage income stream. The building provides student-focused services including on-site management and 24-hour concierge.
The property is sold at auction with a tenant in situ; advertised rent is £112 per week for 44 weeks but this income has not been independently verified. The flat is leasehold and service charge and ground rent apply — prospective buyers must review the legal pack for exact obligations and any restrictions before bidding.
Location strengths include excellent mobile signal, fast broadband and proximity to universities, shops and leisure facilities, making it suitable for student occupancy. Material considerations: the area is very deprived with very high crime levels, and the wider neighbourhood classification indicates multi-ethnic hardship. These factors may affect long-term capital growth and management requirements.
This is a specialist purchase aimed at investors wanting an affordable, turn-key student let or portfolio addition. It suits buyers prepared to accept higher local risk in exchange for a low entry price and immediate rental occupancy. Conduct full due diligence on lease terms, service charges and tenant paperwork before bidding.