The Paramount – Liverpool

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Property Description


Overview

The Paramount is a purpose built development comprising of 477 units over 10 floors. It offers a variety of 430 en-suite student bedrooms and 47 studio study rooms complete with kitchen. The student bedrooms are arranged in clusters of 4-6 units (with one 7 bed cluster), each sharing a communal area complete with kitchen, dining area and lounge.

 

The Paramount has an extremely attractive city centre location, with all 3 university campuses within a 10 minute walk. That will certainly impress the discerning student looking for the very best accommodation with a city centre location. This location is not only ideal for the proximity to the universities but also for shopping and the city’s famous and vibrant night life. The development is named after the iconic Paramount Theatre that originally stood on the site. It opened in 1934 and was the last surviving traditional cinema building in the city centre before it was taken over by Odeon Cinema in 1942. The Paramount will be a fresh, contemporary piece of architecture adding a bold statement to Liverpool city centre and rejuvenating a very prominent site in the city. The development is located to the rear of the Empire Theatre and is directly opposite Liverpool’s main train station; Lime Street station.

 

Student bedrooms are priced from £59,995 and large studios are priced from £74,995.

 

Assured yield of 9% for the first 5 years

 

Please contact us for our comprehensive e-brochure, floor plans, availability and unit prices.

Description

Student Bedroom priced from £59,995 with sizes ranging from 13m² to 27m² and are arranged in clusters of 4-7 units and are equipped with: double bed (4ft wide), fitted wardrobes, workstation with study chair, shelving and drawers, en-suite bathroom with shower cubicle, vanity sink unit and toilet, carpet, blinds and light fittings, internet with hi speed Wi-Fi or Ethernet connection.

 

Studios are priced from £79,995 with sizes ranging from 19m² to 23m² are equipped with: double bed (4ft wide), fitted wardrobes, workstation with study chair, flat screen TV, shelving and drawers,kitchenette with fitted oven, hob, sink and dining area, en-suite bathroom with shower cubicle, vanity sink unit and toilet, carpet, blinds and light fittings, internet with hi speed Wi-Fi or Ethernet connection.

 

Shared Communal Areas

 

The ground floor gives access to:

 

• Common room
• Leisure room which includes gymnasium, sauna, steam room and plunge pool
• Meeting rooms/multifunction rooms
• Central courtyard and landscaped gardens
• Reception and lobby with seating area
• Laundry area
• Security and staff offices
• Pick up/drop of zone
• Communal toilets
• Cycle store
• Bin store

Location

The development is located to the rear of the Empire Theatre and is directly opposite Liverpool’s main train station; Lime Street station.

 

Places of Interest

 

• Liverpool Lime Street Station- directly opposite
• Liverpool One Shopping Centre – 10 minute walk
• The Empire Theatre – 1 minute walk
• Walker Art Gallery – 3 minute walk

 

The Universities

 

• Liverpool John Moore’s University – 7 minute walk
• The University of Liverpool – 10 minute walk
• The Royal Liverpool Hope University – 9 minute walk
• Liverpool School of Tropical Medicine – 7 minute walk
• Liverpool Institute for Performing Arts – 12 minute walk

Payment Plan

Prices

 

Student bedrooms are priced from £59,995 and large studios are priced from £79,995.

 

The Buying Process

 

• Pay reservation fee of £3,000 – Complete an International Property Purchase Form and to pay the £3,000 fee to reserve your apartment. This will be deducted from your exchange payments
• Instruct Solicitors – We can appoint a solicitor on your behalf to handle the legal process for you. They will ensure that all the necessary legal searches have been done.
• Exchange of Contracts – Upon exchange pay 50% of the balance, minus the £3,000 reservation fee
• Stage payment of 30%
• Completion – The 20% balance of the purchase price is now due

 

The Paramount- Completion

 

September 2014

 

Please contact us for our comprehensive e-brochure, floor plans, availability and unit prices.

Property Map

Location : London Road, Liverpool, L3 5NF

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