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Studio for sale

£77,500 (£300/sq. ft) Fixed price

Temple Street, Liverpool L2, Liverpool,

1 258 sq. ft*
Interested in this property? Call +44 20 8033 9433 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

The Area

- Located perfectly between the Business and Shopping District.

- 500 meters from the historic waterfront, just off Dale Street / Water Street

- A few minutes’ walk from Liverpool 1 shopping area – like Westfield

- Amazing Bars & Restaurants - High End, Best in Liverpool: Right by Exchange Flags, The Vincent, San Carlo, Restaurant Bar & Grill

- Ideal for working professionals and mature post graduate students in the city centre

- Demand for this location is already high and will continue to rise

The Development

- Exclusive project with 94 studio units overlooking a secluded courtyard.

- Located on a quite road between Dale Street & Victoria Street.

- Pricing and location are proving very popular – need to move quickly!

- High spec finished studio apartments for under £100,000.

- Attractive feature lighting to illuminate the outside of the building

The Developer

- The Residence brand to be rolled out to multiple sites across the city

- Partners have completed developments on Moorfields and elsewhere in Liverpool

- Developer office will be located at 8 Water Street just 300 meters from the development

Investment Features

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

- Furniture packs available: Studio- £2495+VAT

- 8% net rent assurance for 2 years

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

- Minimal risk of long void periods for properties in such a central, popular location

Factors Affecting Future Potential

- Cheap office space is attracting new businesses into the area

- Well located to universities and educational facilities

- Surrounded by serviced offices, solicitor firms, commercial agents

- Upmarket amenities establishing the location as an affluent, trendy hotspot

- Strong rental demand in the city centre, with consistently rising rents

Purchase Process:



  • Choose an investment unit to buy

  • Pay a £2,500 reservation fee

  • Instruct solicitors

  • Transfer 35% of the funds on exchange

  • Transfer 15% of the funds 6 months after construction start date plus furniture pack payment in full

  • Transfer balance minus reservation fee on completion

Kitchens

● High specification hand made by British Craftsmen fitted units in high-gloss Cream

● Engineered silver speckle granite worktops

● Fully integrated Baumatic appliances: Microwave, fridge/freezer, ceramic hob with stainless steel extractorhood

● Feature lighting above & under wall units

ensuite bath & shower rooms

● Pure white Alchemist bathroom suites with chrome taps and mixers

● Wet Room with thermostatic shower mixer and glazed screen

● Large showerenclosure

● Contemporary ceramic porcelain tiling

● Large vanitymirror

● Chrome Plated TowelRing

● Low voltage shaversocket

● LED mood lighting to washbasin and shower area

fixtures & fittings

● Full height entrance & internaldoors

● Suites feature custom made installed double beds with additional storage facilities by localdesigners

● Wardrobes with high gloss cream doors

● Brush chrome door handles and light switches

● Recessed downlights to kitchen, living room, bedrooms & bathrooms

● Satellite TV and telephone outlets to living room and bedroom


Flooring


● Kitchen in premium quality engineered oak effect flooring

● Bedroom, living room & hallway carpeted in a warm, neutral colour tone

décor

● Smooth finish to all walls & ceilings, painted in white emulsion

● European Veneered Polished Oak finish to doors and woodwork

security & warranties

● Intercom entryphone system to all apartments

● Monitored CCTVsystem

● 10 year Buildzonewarranty

● Comprehensive induction with a designated Customer Service Manager


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: £136,389
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 £114,305
(239)
£189,004
(132)
£204,000
(2)
- -
All £114,409
(241)
£189,193
(133)
£204,000
(2)
- -

Current asking rents in L2

Average: £835 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)
£925 pcm
(2)
- -
All £700 pcm
(14)
£821 pcm
(16)
£925 pcm
(2)
- -

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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Fraser Properties, IG11 on +44 20 8033 9433 * (local rate)

Monthly running costs Beta

£428 Monthly total
Mortgage
Purchase price
Deposit (10%) 7,750
Repayment term 25
Interest rate 0.5
Your payment £247 /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 £20 Electricity £25 Estimated energy cost £45/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 Fraser Properties 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 Fraser Properties, and do not constitute property particulars. Please contact Fraser Properties 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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