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1 bed flat for sale

£84,000

Norfolk St, Liverpool L1

1 1
Interested in this property? Call +44 20 8022 4568 * or Request Details

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Property features

  • 10% net Yield Assured for 3 Years
  • Modern Studio and One Bed Apartments from £64,030
  • Exclusive City Centre Residential Development over 9 floors
  • Only 50% to exchange, nothing more to pay until completion
  • Developer with a track record in North West England
  • Located in the sought after Baltic Triangle and close to Liverpool one, Albert D
  • Managed by Established Local Management Company

Property description

Prime Centrum is proud to introduce a rare opportunity to invest in a new residential buy to let opportunity in one of Liverpool’s most sought after post codes - L1. The development is in the heart of the Baltic Triangle, built within part of a £200 million regeneration scheme.
Norfolk House on Norfolk Street is a brand new, modern city centre residential development which provides individual investors with an excellent opportunity to enter the lucrative central Liverpool property market at an accessible level. The development comprises 92 modern city studios and 8 one bedroom apartments.
Norfolk House is located within a few minutes walk to the Liverpool One shopping centre, the famous Albert Dock, popular Echo Arena and the nightlife of Ropewalks and China Town. Both Liverpool Central and Lime Street Stations are within one mile.
Designed by award winning architects Falconer Chester Hall, and with phase one already under construction, this is your chance to acquire a modern city centre apartment which will provide assured income of 10% net for 3 years with an exit to the local market in an area set to enjoy excellent capital growth.
Market activity
Average price paid £128,589 Sales 112 Current average value £143,043 (Zoopla Zed-Index) Value change £174 ▲ 0.12%

Property value data/graphs for L1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £159,045 - 2.2 -
Semi-detached £161,744 £210 3.2 -
Terraced £299,143 £268 3.9 £267,090
Flats £138,695 £203 1.8 £122,117

Current asking prices in L1

Average: £119,862
Avg. current asking prices in L1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £59,667
(3)
- - - £637,500
(2)
Flats £98,198
(292)
£176,307
(104)
£236,650
(5)
- -
All £97,806
(295)
£176,307
(104)
£236,650
(5)
- £637,500
(2)

Current asking rents in L1

Average: £901 pcm
Avg. current asking prices in L1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £440 pcm
(13)
£843 pcm
(7)
- £1,733 pcm
(1)
-
Flats £623 pcm
(71)
£844 pcm
(102)
£1,017 pcm
(8)
£2,117 pcm
(2)
£1,532 pcm
(2)
All £594 pcm
(84)
£844 pcm
(109)
£1,017 pcm
(8)
£1,989 pcm
(3)
£1,532 pcm
(2)

Fun facts for L1

Highest value in L1
Highest value streets Zed-Index
Mount Street £387,524
Hope Street £285,765
Knight Street £237,697
Rodney Street £236,537
Hurst Street £183,194
Highest turnover in L1
Highest turnover streets Turnover
Crosshall Street 30.2%
Dukes Terrace 29.6%
Mount Street 25.0%
Cornwallis Street 24.6%
Kenyons Steps 23.6%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (565 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 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 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Liverpool Central (0.6 miles)
  • Liverpool James Street (0.7 miles)
  • Liverpool Lime Street (0.8 miles)
  • Liverpool John Lennon Airport (7.0 miles)
  • Blackpool International Airport (26.1 miles)
  • Manchester International Airport (29.4 miles)
  • Liverpool Pier Head Ferry Terminal (0.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (0.9 miles)
  • Woodside Birkenhead Ferry Terminal (1.1 miles)

Nearby schools

View all schools in Liverpool
  • St Vincent de Paul Catholic Primary School (0.3 miles)
  • LIPA Primary School (0.4 miles)
  • St Patrick's Catholic Primary School (0.6 miles)
  • LIPA Sixth Form College (0.5 miles)
  • Harmonize Academy AP Free School (1.9 miles)
  • Birkenhead Sixth Form College (2.9 miles)
  • The Belvedere Academy (1.4 miles)
  • Bellerive FCJ Catholic College (1.6 miles)
  • King's Leadership Academy, Liverpool (1.6 miles)
Note: Distances are straight line measurements

Local info for Liverpool

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For more information about this property, please contact
Prime Centrum, E14 on +44 20 8022 4568 * (local rate)

Monthly running costs Beta

£509 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,400
Repayment term 25
Interest rate 1.5
Your payment £302 /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

Contents value up to £15,000 Average insurance cost £14/mo (£173/yr)
Compare insurance deals now 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 £20 Electricity £28 Estimated energy cost £48/mo

Similar properties could save up to £196

How Much Could I Save? 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 £117 /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 Prime Centrum, and do not constitute property particulars. Please contact Prime Centrum 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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