£195,000
(£478/sq. ft)
Studio for saleDevon Street, Liverpool L3
1 bath
408 sq. ft
- Freehold
Elite Realty Invest - Manchester
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About this property
A high specification Manhattan apartment in Liverpool’s Knowledge Quarter, approved for short term lets and positioned in a major growth area with strong rental demand. Designed for investors seeking attractive yields and long term capital growth in a prime city centre location.
Full Description
A Contemporary Manhattan Apartment in Liverpool’s Knowledge Quarter
Apartment Specification
This stylish Manhattan apartment is finished to a high standard with a focus on comfort, refinement, and modern design. The kitchen features a sophisticated two tone layout with integrated appliances and ceramic marble effect tiles that continue through to the bathroom for a seamless and elegant look. The bathroom offers a calm and contemporary space with quality fittings and a serene aesthetic. Herringbone flooring brings warmth to the sleeping area and sliding mirrored wardrobes offer practical storage without compromising the clean and open feel. Warm neutral tones and subtle accent walls create a soothing interior that suits both professionals and tenants.
Residents benefit from a premium set of amenities. The reception area provides a twelve hour concierge service along with secure post boxes. The residents lounge is finished with stylish interiors and comfortable seating, making it ideal for working, meeting friends, or relaxing. A private media room offers a refined setting for film nights. The modern gym includes high quality equipment and supports both fitness and wellness routines in a sleek contemporary environment.
About Liverpool
The apartment is located in the L3 postcode at the heart of the Knowledge Quarter. This is one of the UK’s leading innovation districts and covers more than four hundred acres. The area is anchored by major institutions such as the University of Liverpool, Liverpool John Moores University, the Royal Liverpool University Hospital, and the Liverpool School of Tropical Medicine. With more than 54,000 students and constant investment, the neighbourhood has become a vibrant and youthful centre for learning, research, and enterprise.
Liverpool continues to rank among the strongest growth cities in the UK. More than 70,000 students live in the city and more than 76% of graduates choose to stay, creating a steady demand for high quality housing. The city also benefits from major global employers such as Unilever, Sony, and Jaguar Land Rover. Regeneration projects continue to elevate the skyline, including the five billion pound Liverpool Waters masterplan. The city offers a rich cultural and social lifestyle from the waterfront and Baltic Market to leading restaurants and major sporting venues.
Why Invest in This Development
This development offers a compelling investment opportunity supported by strong market fundamentals. Forecasts predict property prices in Liverpool will rise by more than 31% by 2029 while rental growth is expected to reach more than 17%. Year on year rental growth already stands at more than 3%. Liverpool’s local plan also aims to deliver 30,000 new homes by 2041 which reinforces the long term demand and sustainability of the market.
The development is approved for short term lettings which allows investors to achieve higher returns in a market supported by a large student population, a growing professional workforce, and a consistent flow of domestic and international visitors. Combined with the development’s high specification design, premium facilities, and central location within the Knowledge Quarter, this apartment offers a standout opportunity for both long term capital growth and attractive rental yields.
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