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1 bed flat for sale

£69,950

Devon House, 33 Devon Street, Liverpool L3

1 1

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Property features

  • 8% Assured Rental Income for 3 Years
  • 150m from the main University campus
  • Award Winning Student Developer
  • In the Heart of £1 Billion Knowledge Quarter
  • Free Tablet Computer for all Students to Control Smart Apartment Technology
  • Large Studio Apartments from £67,950

Property description

Devon House

For Investment Purposes Only – 50% Deposit Required – Below Market Value

Devon House is the latest student development from RW Invest & ypg. Located in the heart of Liverpool’s student district, this development will benefit from the £1 billion which has been invested into Liverpool’s Knowledge Quarter. Devon House will consist of 162 fully managed studio apartments to cater for the rapidly increasing student market in Liverpool.

All apartments are furnished to the highest standard and include a tablet computer for each student. This clever technology allows tenants to book communal areas, control heating, request maintenance 24/7, communicate with others in the building, receive information from on-site management and order outside services like food orders and laundry.

Devon House will also have advanced light sensor and heating systems, reducing energy costs by more than 20%. Communal areas will include study spaces, a breakout room, cinema system, pool tables, on-site gym and a cooking/dining area that seats up to 10 people. As a result, Devon House will offer students the best of Liverpool living at an affordable price – while giving investors 8% net rental income.

To Receive a Free Financial Forma Register Below or Call Us Today!

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities. RWinvest is one of the leading UK property investment companies. We have connected with over 25,000 previous investors and have secured high yield investment deals with guaranteed returns for our customers across the UK and abroad.

Investment Overview

1. 8% Assured Rental Income for 3 Years
2. 150m from the main University campus
3. Award Winning Student Developer
4. In the Heart of £1 Billion Knowledge Quarter
5. Free Tablet Computer for all Students to Control Smart Apartment Technology
6. Large Studio Apartments from £67,950

About Liverpool

Devon house is 1.2 miles from Liverpool one. Liverpool One is a £920m regeneration scheme completed in 2008 by the Duke of Westminster’s development company Grosvenor and has already created over 5,000 jobs. This is a huge success story that took Liverpool from the 14th retail destination in the UK to the 5th within just 3 years. Liverpool is the place to do business. There are more than 500,000 businesses within 1.5 hours of the city centre. The city has a growing and thriving economy with a gva of £9.15bn, the most productive city outside of London. This means the city boasts significant and varied employment prospects for graduates.

The city has an incredibly exhilarating, challenging and inspiring future and continues to undertake continued investment in its people, universities and commercial infrastructure. Liverpool has several prestigious universities which collectively serve over 66,000 students. The rich historical and cultural offering of the city attracts a broad range of students and continues to score highly on student satisfaction surveys.

Proportionally, the city has the highest number of overseas students. The city also has one of the best environments for students in the UK ensuring it will remain a popular student location for the foreseeable future, despite any external economic conditions.

For More Information Call Us Today or Register Below for an Info Pack


Floorplan(s): Floorplan 1

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Market activity
Average price paid £154,723 Sales 240 Current average value £178,311 (Zoopla Zed-Index) Value change £6,507 ▲ 3.79%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £216,414 £126 3.8 £75,000
Semi-detached £170,210 £239 2.7 £163,540
Terraced £166,697 £208 2.9 £177,383
Flats £179,185 £258 1.9 £154,441

Current asking prices in L3

Average: £150,430
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £104,808
(3)
£120,500
(2)
£199,000
(5)
£307,500
(2)
-
Flats £96,628
(292)
£183,393
(212)
£419,792
(38)
- -
All £96,711
(295)
£182,806
(214)
£394,118
(43)
£307,500
(2)
-

Current asking rents in L3

Average: £1,461 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £527 pcm
(9)
£813 pcm
(11)
£1,114 pcm
(3)
£721 pcm
(3)
£412 pcm
(1)
Flats £614 pcm
(70)
£827 pcm
(125)
£1,186 pcm
(17)
£2,195 pcm
(8)
£2,253 pcm
(1)
All £604 pcm
(79)
£826 pcm
(136)
£1,175 pcm
(20)
£1,793 pcm
(11)
£1,332 pcm
(2)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £365,547
Navigation Wharf £262,753
Coburg Wharf £252,596
Wapping Quay £252,380
Princes Parade £247,428
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 45.1%
Brook Street 41.3%
Burlington Street 29.2%
South Ferry Quay 28.7%
St. Andrew Street 26.8%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (472 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

  • Liverpool Lime Street (0.4 miles)
  • Liverpool Central (0.6 miles)
  • Moorfields (0.8 miles)
  • Liverpool John Lennon Airport (7.3 miles)
  • Blackpool International Airport (25.0 miles)
  • Manchester International Airport (28.9 miles)
  • Liverpool Pier Head Ferry Terminal (1.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.2 miles)
  • Seacombe Ferry Terminal (1.9 miles)

Nearby schools

View all schools in Liverpool
  • Sacred Heart Catholic Primary School (0.5 miles)
  • St Nicholas's Catholic Primary School (0.5 miles)
  • Pleasant Street Primary School (0.5 miles)
  • The City of Liverpool College (0.5 miles)
  • LIPA Sixth Form College (0.8 miles)
  • Harmonize Academy AP Free School (1.0 mile)
  • Christian Fellowship School (0.9 miles)
  • North Liverpool Academy (0.9 miles)
  • Notre Dame Catholic College (1.0 mile)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L3

AskMe Q&A for Liverpool

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For more information about this property, please contact
RW Invest Liverpool, L1 on 0151 382 7657 * (local rate)

Monthly running costs Beta

£422 Monthly total
Mortgage
Purchase price
Deposit (10%) 6,995
Repayment term 25
Interest rate 0.5
Your payment £223 /mo Find available rates

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.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £17/mo (£207/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

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.

Contact RW Invest Liverpool about this property

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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 RW Invest Liverpool, and do not constitute property particulars. Please contact RW Invest Liverpool 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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