Flat 355 Queensland Place 2 Chatham Place, (Room G, Cluster 67), L7 3AA

Description

Student room in a flat at Chatham Place. This leasehold flat is sold with vacant possession for Room G, with similar units in the development achieving circa £120pw.

Accommodation

En-suite bedroom in a cluster of rooms and has access to shared kitchen diner and halls facilities including laundry room, gym, cinema room, and communal games area around reception with a concierge in the day and roaming security of an evening.

Location

Just a short walk from The University of Liverpool this flat is ideally located for students wanting accommodation close to university. With Edge Hill station only a short walk away the flat also has great transport links to the city centre.

Auction Information

Tenure

Leasehold. The legal pack is the definitive source for lease length, title, covenants, service charges, ground rent and special conditions.

Council Tax

Band C.

Investment Analysis

Market Comparables

Use recent Land Registry sold evidence and genuinely comparable current/let rental evidence for the same micro-location, accommodation, tenure and condition. Venmore’s stated rents or rental opinions are retained as auctioneer evidence where supplied; HB screening figures are not a formal valuation.

Proposed Works

HB desktop allowance: £5,000. Scope should be confirmed from inspection, photographs, survey and contractor pricing. Prioritise structure, roof/damp, services, heating/electrics, windows, kitchens/bathrooms, decoration and external works only where relevant to this specific property.

Rental Value

No achieved/current rent has been assumed where the auction particulars do not provide one. Obtain current comparable letting evidence before relying on a BTL appraisal.

Low / Base / High Investment Scenario

Specialist Development Analysis

Assess planning status, conditions, affordable-housing/CIL/S106 exposure, access, services, abnormal ground costs, professional fees and finance through a residual appraisal. Lapsed or illustrative planning is not treated as implementable consent.

Maximum Bid Indicator

Derive the bid from verified end value less build/site costs, buyer fee, legal/professional fees, finance, holding, contingency, selling costs and required developer profit. SDLT is buyer-specific and is not included in this desktop screen.

Strategy Recommendation

Development/land strategy only where planning and legal due diligence support it; otherwise assess on existing-use value.

Strategy Rating

Development: ★★★☆☆ | Land Hold: ★★★☆☆ | BTL: Not applicable until a lawful dwelling exists

Key Risks

Lease length, ground rent, service charge and lender acceptability, listed-building constraints, legal-pack special conditions, condition/survey, finance and valuation risk.

Analysis Confidence

Medium for facts reproduced from Venmore’s particulars; low-to-medium for HB desktop works/value screens until inspection, legal-pack review, direct sold/rental comparables and contractor/QS pricing are completed.