The Reach – Liverpool
Property Description: Nine high spec 2 bedroom apartments in a purpose built multi-story bloc located in the Liverpool city centre. All units have wood panel flooring, spot lighting, fitted kitchens and bathrooms, double glazed windows, electric heating, and allocated parking. All units are furnished.
The property provides secure access and 24 hour reception. The full length windows in all of the units are feature points which capitalize on the views and natural lighting, particularly on the upper floors.
Terms of Ownership: Leasehold
Developers: Sutton Kersh Residential
Management Company: Sutton Kersh Residential
>Use: Since completion the flats have all been used for standard residential lettings under AST agreements. The city centre location makes it very popular with those who do not wish to commute into the city and most of the tenants are either corporate clients or young professionals. The appeal of on-site allocated parking really adds to the value of the property as parking is very scarce in prime city centre locations. Since full occupancy was achieved for the first time on these flats in 2007 we have an occupancy rate of approximately 88%.
The properties are administrated by a local agent and managed by our in office property manager.