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Studio for sale

£69,950 From

Temple Street, Liverpool L2

1 1
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Property features

  • Buy-to-Let Investment Opportunity
  • Studio Apartments
  • 8% Rent Assured For 2 Years
  • Prime Liverpool Location
  • Fully Managed

Property description

Detailed Description

The residence at colonial chambers studio apartments

The Residence at Colonial Chambers is a development surrounded by Liverpool's fine historic architecture and consists of 94 high-quality and modern studio apartments. It is located between the commercial and shopping district putting it in close proximity to the best amenities in the area including new restaurants, popular bars, cultural hotspots, famous buildings, shopping, and more. The apartments are highly desirable to young professionals and matrure post graduates looking for high end rental accommodation.The property market in the city has seen tremendous growth over the last few years, with buoyant buy-to-let returns averaging 8% fuelled by an increase in demand for private rented accommodation


Investment overview


- £2500 reservation, 35% on exchange, 15% at 6 months, balance on completion less reservation fee

- Furniture packs available: Studio - £2495 +VAT

- 8% net rent assurance for 2 years

- £350 per year ground rent

- Expected 8% rental yield after 2 years, based on current prices and market growth


Availability


O studio from £69,950

o 1 bedroom apartments from £116,000

o 2 bedroom apartments from £180,750

Property info

Market activity
Average price paid £132,407 Sales 82 Current average value £169,190 (Zoopla Zed-Index) Value change £3,926 ▲ 2.38%

Property value data/graphs for L2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached - - 4.3 -
Semi-detached - - - -
Terraced £140,545 - - -
Flats £169,137 £217 1.8 £132,407

Current asking prices in L2

Average: £132,632
Avg. current asking prices in L2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £126,845
(2)
£214,224
(1)
- - -
Flats £114,720
(296)
£187,624
(142)
£235,667
(3)
- -
All £114,801
(298)
£187,810
(143)
£235,667
(3)
- -

Current asking rents in L2

Average: £836 pcm
Avg. current asking prices in L2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £700 pcm
(14)
£821 pcm
(16)
£750 pcm
(1)
- -
All £700 pcm
(14)
£821 pcm
(16)
£750 pcm
(1)
- -

Fun facts for L2

Highest value in L2
Highest value streets Zed-Index
Victoria Street £216,563
Tithebarn Street £190,757
Castle Street £181,219
Cheapside £181,003
The Strand £173,768
Highest turnover in L2
Highest turnover streets Turnover
The Strand 48.3%
Temple Lane 24.1%
Cheapside 13.7%
Exchange Street East 12.9%
Dale Street 9.7%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (484 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Liverpool:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Moorfields (0.1 miles)
  • Liverpool James Street (0.2 miles)
  • Liverpool Central (0.4 miles)
  • Liverpool John Lennon Airport (7.7 miles)
  • Blackpool International Airport (25.3 miles)
  • Manchester International Airport (29.7 miles)
  • Liverpool Pier Head Ferry Terminal (0.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (0.4 miles)
  • Seacombe Ferry Terminal (1.2 miles)

Nearby schools

View all schools in Liverpool
  • Holy Cross Catholic Primary School (0.4 miles)
  • St Vincent de Paul Catholic Primary School (0.6 miles)
  • Pleasant Street Primary School (0.6 miles)
  • The City of Liverpool College (0.7 miles)
  • LIPA Sixth Form College (0.9 miles)
  • Liverpool Life Sciences UTC (1.0 mile)
  • Notre Dame Catholic College (1.3 miles)
  • North Liverpool Academy (1.4 miles)
  • Christian Fellowship School (1.5 miles)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L2

AskMe Q&A for Liverpool

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For more information about this property, please contact
Nu:Move International, TF2 on +44 1952 476892 * (local rate)

Monthly running costs Beta

£405 Monthly total
Mortgage
Purchase price
Deposit (10%) 6,995
Repayment term 25
Interest rate 0.5
Your payment £223 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy Gas £18 Electricity £28 Estimated energy cost £46/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Liverpool

Estimated tax band A Council tax cost £108 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nu:Move International, and do not constitute property particulars. Please contact Nu:Move International for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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