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1 bed flat for sale

£67,950 From

Devon Street, Liverpool, Merseyside L3

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Property features

  • Investors Only
  • 8% Assured Rental Income
  • Assured for 3 Years
  • Knowledge Quarter
  • Large Studio Apartments
  • Starting from £67,950

Property description

***cash buyers only**For Investment Purposes Only - 50% Deposit Required - Below Market Value***
Devon House is the latest student residence by ypg Developments and is located in the heart of Liverpools Knowledge Quarter and next to the new £335 Million Royal University Hospital. This state of the art development will consist of 162 Smart Apartments spread over 8 floors.

General

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. All students will receive a tablet computer linked to all the other studios providing a network for students to interact with each other. As a result, Devon House will offer students the best of Liverpool living at an affordable price - while giving investors 8% net rental income.

Investment Overview

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

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.

Important notice
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.

Property info

Market activity
Average price paid £154,418 Sales 245 Current average value £170,965 (Zoopla Zed-Index) Value change -£964 ▼ -0.56%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £208,024 £121 3.8 £75,000
Semi-detached £164,444 £229 2.7 £160,895
Terraced £159,745 £197 2.9 £201,681
Flats £171,755 £246 1.9 £152,810

Current asking prices in L3

Average: £153,272
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £89,215
(2)
£108,000
(1)
£195,799
(5)
£310,000
(1)
-
Flats £98,401
(239)
£182,474
(200)
£413,542
(36)
- -
All £98,325
(241)
£182,103
(201)
£386,988
(41)
£310,000
(1)
-

Current asking rents in L3

Average: £1,598 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,557 pcm
(5)
£1,519 pcm
(10)
£1,303 pcm
(3)
£875 pcm
(2)
£2,600 pcm
(1)
Flats £703 pcm
(55)
£808 pcm
(113)
£1,364 pcm
(19)
£2,194 pcm
(8)
£2,340 pcm
(2)
All £774 pcm
(60)
£866 pcm
(123)
£1,356 pcm
(22)
£1,930 pcm
(10)
£2,427 pcm
(3)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £350,414
Navigation Wharf £252,740
Coburg Wharf £243,068
Wapping Quay £241,459
Princes Parade £237,101
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 49.5%
Brook Street 41.3%
South Ferry Quay 28.3%
St. Andrew Street 26.8%
The Anchorage 24.8%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (469 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

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Community & safety
  • currently stars
  • 1
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  • 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
  • St Nicholas RC Infant School (0.4 miles)
  • Friary Infant School (0.4 miles)
  • Sacred Heart RC Infant School (0.5 miles)
  • The City of Liverpool College (0.5 miles)
  • Everton Free School (0.7 miles)
  • Harmonize Academy AP Free School (1.0 mile)
  • FORO College (0.3 miles)
  • Everton Nursery School and Family Centre (0.5 miles)
  • Archbishop Blanch School (0.5 miles)
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
Butters John Bee, TF3 on 01952 476863 * (local rate)

Monthly running costs Beta

£416 Monthly total
Mortgage
Purchase price
Deposit (10%) 6,795
Repayment term 25
Interest rate 0.5
Your payment £216 /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 £19 Electricity £28 Estimated energy cost £47/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 Butters John Bee, and do not constitute property particulars. Please contact Butters John Bee 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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