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Studio for sale

£89,950 From

Falkner Street, The Georgian Quarter L8

1 1
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Property features

  • Investment Opportunity
  • New Off Plan Buy-to-Let Studio Apartments For Sale
  • 7% Net Return Per Annum 3 Years
  • Fully Managed Designed For UK & Overseas Investors
  • 1 Bed, 1 Bed Duplex & 2 Bed Duplex Apartments Available
  • Early Investor Discount

Property description

Detailed Description

Falkner place liverpool studio apartment

Falkner Place is a new residential property investment located in one of Liverpool's most affluent neighbourhoods. Occupying a prime location which has convenient transport links and is walking distance to the city centre, its main attractions and its universities, the development is well-positioned to appeal to Liverpool's thriving rental market. The development comprises 109 residential apartments consisting of 21 studios, 64x 1 beds, 12x 1 bed duplexes and 12x 2 bed duplexes. Investors will receive a 7% net income per annum for 3 years on the 1 bed duplexes and 2 bed duplexes.

Off plan apartments in Falkner Place at the Georgian Quarter are priced competitively when compared to the local market's current stock and new-build pipeline. The opportunity is designed for UK and overseas investors to allow for strong returns, whilst maintaining full control over capital. Investors are able to sell the property at any time after Exchange of Contracts to a buoyant property market.

Designed to complement the surrounding area, the Georgian inspired development will be spread over 5 floors and will be finished to a high standard. To suit the needs to today's high end rental market, the building will be further enhanced with on-site facilities such as a concierge and a modern gym.

Apartments in Falkner Place will appeal to the city's young professional population and those who wish to live in one of Liverpool's most sought after neighbourhoods.

Market activity
Average price paid £111,294 Sales 259 Current average value £111,958 (Zoopla Zed-Index) Value change £3,452 ▲ 3.18%

Property value data/graphs for L8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £252,739 £200 4.2 £204,000
Semi-detached £148,036 £138 3.7 £127,344
Terraced £82,653 £140 2.7 £91,956
Flats £113,616 £189 1.9 £125,901

Current asking prices in L8

Average: £125,608
Avg. current asking prices in L8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £83,750
(2)
£76,563
(26)
£118,620
(15)
£251,000
(5)
£200,000
(1)
Flats £101,416
(44)
£123,931
(43)
£216,657
(6)
- -
All £100,648
(46)
£106,082
(69)
£146,630
(21)
£251,000
(5)
£200,000
(1)

Current asking rents in L8

Average: £843 pcm
Avg. current asking prices in L8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £372 pcm
(21)
£501 pcm
(30)
£813 pcm
(12)
£1,129 pcm
(5)
£2,058 pcm
(3)
Flats £484 pcm
(77)
£688 pcm
(52)
£1,429 pcm
(10)
- £1,924 pcm
(2)
All £460 pcm
(98)
£619 pcm
(82)
£1,093 pcm
(22)
£1,129 pcm
(5)
£2,005 pcm
(5)

Fun facts for L8

Highest value in L8
Highest value streets Zed-Index
Falkner Street £501,890
Canning Street £266,435
Huskisson Street £240,275
Sefton Drive £231,813
Sefton Park Road £230,837
Highest turnover in L8
Highest turnover streets Turnover
Herbie Higgins Close 66.7%
Palomar Close 58.3%
Chillingham Street 28.6%
Devonshire Road 26.1%
Kaber Court 25.3%

What Zoopla users think of Edge Hill

Overall rating:

  • currently 4 stars
Very good - 81% (15 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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  • 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
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Liverpool Central (0.7 miles)
  • Liverpool Lime Street (0.8 miles)
  • Edge Hill (0.8 miles)
  • Liverpool John Lennon Airport (6.6 miles)
  • Blackpool International Airport (25.9 miles)
  • Manchester International Airport (28.7 miles)
  • Liverpool Pier Head Ferry Terminal (1.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.4 miles)
  • Woodside Birkenhead Ferry Terminal (1.9 miles)

Nearby schools

View all schools in Liverpool
  • LIPA Primary School (0.4 miles)
  • Princes School (0.4 miles)
  • St Nicholas's Catholic Primary School (0.4 miles)
  • LIPA Sixth Form College (0.3 miles)
  • The City of Liverpool College (0.5 miles)
  • Progress Schools - Toxteth (0.5 miles)
  • Christian Fellowship School (0.5 miles)
  • Archbishop Blanch School (0.9 miles)
  • The Belvedere Academy (1.1 miles)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L8

AskMe Q&A for Liverpool

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For more information about this property, please contact
Nu:Move International, TF2 on +44 1952 476892 * (local rate)

Monthly running costs Beta

£514 Monthly total
Mortgage
Purchase price
Deposit (10%) 8,995
Repayment term 25
Interest rate 1.5
Your payment £323 /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 £19 Electricity £27 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 £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 Nu:Move International, and do not constitute property particulars. Please contact Nu:Move International 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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