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Studio for sale

£52,000

Fox Street, Liverpool L3

1
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Property description

The Fox Street Village Development is a great option for a first time investor. There is a built in captive audience of 60,000+ students, many of them international, who need year-round accommodation, for multiple years. Education is growing, as are jobs in the area, and this figure is set to grow rapidly, with a continual supply of tenants and consistent demand, pushing up prices.

-Two years rent guarantee, 9% net returns
-99% occupancy rate
-Fully residential
-First 2 phases sold out

You are not confined to just students, you can rent to the whole market, as these have broad appeal, and unlimited exit strategies. They are fully furnished and ready to go in mid 2017. In an excellent location, close to the Liverpool city centre, backed by a proven and successful developer.

Onsite facilities including:
-Car Parking, Central Reception with vending machines
-Gymnasium, Yoga Studios
-Communal Rooms, Communal Lounges
-Cafe Bistro

Being so desirable, many would-be investors and young professionals are choosing to first buy them to occupy, to enjoy the premier location and amenities. This way they get the best of both worlds, having a fantastic place to call home, with the future option to own a high value and high yield investment property. Earn a passive income when you upgrade to a bigger home, or if you ever choose to move cities.

We have a range of affordable payment options, starting from £52,000:
-£5000 Deposit
-50% less reservation fee - £21,000
-6 months 25% - £13,000
-Remainder 25% on Completion - £13,000

In terms of return if you chose to buy it as an investment:
-Rental Income £118 pw For 52 Weeks
-Gross Rent £6,136
-9% Net Return (£4,686) guaranteed for the first two years

There is a special promotion on the En Suite units, which you can take advantage of to make your rental return up to 40% higher than market rates

“If Not Now, Then When?”
Market activity
Average price paid £154,236 Sales 236 Current average value £178,676 (Zoopla Zed-Index) Value change £2,735 ▲ 1.55%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £217,557 £126 3.8 £75,000
Semi-detached £171,854 £228 2.7 £158,204
Terraced £166,271 £209 2.9 £154,375
Flats £179,664 £258 1.9 £155,521

Current asking prices in L3

Average: £144,297
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £126,375
(4)
£259,950
(1)
£206,250
(4)
£182,500
(2)
-
Flats £96,366
(382)
£183,188
(231)
£409,656
(48)
- -
All £96,677
(386)
£183,519
(232)
£394,009
(52)
£182,500
(2)
-

Current asking rents in L3

Average: £1,074 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £506 pcm
(6)
£864 pcm
(11)
£1,067 pcm
(3)
- -
Flats £637 pcm
(109)
£838 pcm
(156)
£1,470 pcm
(14)
£2,424 pcm
(6)
£832 pcm
(3)
All £630 pcm
(115)
£840 pcm
(167)
£1,399 pcm
(17)
£2,424 pcm
(6)
£832 pcm
(3)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £365,122
Navigation Wharf £264,084
Coburg Wharf £253,774
Wapping Quay £253,173
Princes Parade £248,558
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 44.0%
Brook Street 43.0%
Burlington Street 29.6%
South Ferry Quay 29.1%
St. Andrew Street 28.9%

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

  • Liverpool Lime Street (0.7 miles)
  • Moorfields (0.8 miles)
  • Liverpool Central (0.9 miles)
  • Liverpool John Lennon Airport (7.8 miles)
  • Blackpool International Airport (24.6 miles)
  • Manchester International Airport (29.3 miles)
  • Liverpool Pier Head Ferry Terminal (1.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.2 miles)
  • Seacombe Ferry Terminal (1.7 miles)

Nearby schools

View all schools in Liverpool
  • Faith Primary School (0.1 miles)
  • Millstead School (0.1 miles)
  • Holy Cross Catholic Primary School (0.4 miles)
  • The City of Liverpool College (0.9 miles)
  • LIPA Sixth Form College (1.2 miles)
  • Harmonize Academy AP Free School (1.3 miles)
  • Notre Dame Catholic College (0.6 miles)
  • North Liverpool Academy (0.6 miles)
  • The Academy of St Francis of Assisi (1.4 miles)
Note: Distances are straight line measurements

Local info for Liverpool

AskMe Q&A for Liverpool

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For more information about this property, please contact
Live Let Buy, SW6 on +44 20 8128 9868 * (local rate)

Monthly running costs Beta

£364 Monthly total
Mortgage
Purchase price
Deposit (10%) 5,200
Repayment term 25
Interest rate 0.5
Your payment £165 /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.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £17/mo (£202/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.

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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 Live Let Buy, and do not constitute property particulars. Please contact Live Let Buy 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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