Summary - Fox Street, Liverpool L3 3BQ
1 bed 1 bath House
Small, modern studio suited to short-term or student rentals near city amenities.
Currently tenanted short-term achieving approx £615 pcm
This compact studio apartment in a modern Fox Street block is aimed squarely at investors seeking a city-centre rental with minimal management complexity. The flat is fully furnished, has a private bathroom and kitchenette, and is already producing short-term rental income of approximately £615 pcm under a three-month let with an option to extend.
The property is leasehold (circa 240 years remaining) and carries notable running costs: an average service charge of about £2,000 pa and ground rent around £288 pa. Heating is electric room heaters and the accommodation is small, so factor ongoing energy costs and potential tenant turnover into operating projections. The building shows recent double glazing and appears modern, but no internal condition report is provided.
Important sale details: the property will be sold at auction via the Modern Method of Auction. Buyers must pay a non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600 inc. VAT) in addition to the purchase price and will be responsible for the Buyer Information Pack fee. Prospective purchasers should check financing arrangements with their lender before bidding and inspect the property where possible.
Location strengths include central Liverpool position with fast broadband, excellent mobile signal and close proximity to transport, universities and city amenities — supporting ongoing rental demand, particularly from students or short-term city visitors. Drawbacks include a very high local crime rate and a very deprived area classification, which may affect long-term capital growth or lettability to certain tenant profiles. An internal inspection, review of tenancy paperwork and confirmation of service charge liabilities are strongly recommended.
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