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Studio for sale

£69,950 From

Colonial Chambers, Temple St, Liverpool L2

1 1
Interested in this property? Call +44 151 382 0422 * or

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

Property features

  • Investment Opportunity
  • Low purchase price from only GBP69,950
  • 81 Studio Apartments
  • Sizes ranging from 22 48m2
  • Excellent location
  • Sizes ranging from 22 48m2
  • 15% increase in Liverpool Economy Year on year
  • Scheduled completion Quarter 4 2017

Property description

Century 21 Liverpool is delighted to offer The Residence at Colonial Chambers to the investment marker. This is a development surrounded by Liverpool’s fine historic architecture and consists of 94 high quality and modern studio apartments.

It is located between the commercial and shopping district putting it in close proximity to the best amenities in the area including new restaurants, popular bars, cultural hotspots, famous buildings, shopping, and more. The apartments are highly desirable to young professionals and mature post graduates looking for high end rental accommodation

For the investor, enjoy a 8% net assured yeild for 2 years and low entry price.

Scheduled completion is Q4 2017.

Why Invest / Purchase in Liverpool?...
"Liverpool 2nd best city in the UK for rental yields” This Is Money, 2015

Liverpool has excellent transport links, whether regional, national or international. In addition, Network Rail and the Liverpool City Region have agreed to partner up and invest a further GBP340million to make serious improvements to the regional infrastructure. Flights from Liverpool John Lennon Airport offer an easy route to worldwide destinations.

Liverpool is also just a short journey from Manchester Airport, which benefits from direct flights as far as China. Property prices in Liverpool increased by 5% over 2015, which equates to a 6% rise over 2007 pre financial crash prices.

Due to local investment and Government backing, Liverpool is seen as the ‘Northern Powerhouse’ with continuing strength in the local investment and residential markets.

Investment summary:
Excellent location; between the business & shopping district in Liverpool, one of the uk’s fastest growing cities
High rental demand in the city centre by young professionals and mature/post graduate students
Close to high end, well known restaurants, clubs, hotels, and buildings
Exclusive project with 94 studio units overlooking a secluded courtyard.
Located on a quite road between Dale Street & Victoria Street.
High spec finished studio apartments for under GBP100,000.
Attractive feature lighting to illuminate the outside of the building
Proven developer
Rent assurance of 8% for 2 year period, market rents of 7% expected thereafter
Studios priced between GBP69,950 (24m2) to GBP109,950 (48m2)
Scheduled completion is Q4 2017

Purchase Procees:
1. GBP2,500 reservation fee
2. 35% on exchange (approc 30 days after reservation)
3. 15% 6 months after construction start date
4. 50% balance on completion (less reservatino fee)

Please contact us for more details, to arrange a viewing, development brochure and the latest availability.

Property info

Market activity
Average price paid £133,137 Sales 98 Current average value £167,742 (Zoopla Zed-Index) Value change £3,569 ▲ 2.17%

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 £142,597 - - -
Flats £167,666 £230 1.8 £133,137

Current asking prices in L2

Average: £136,894
Avg. current asking prices in L2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £117,536
(222)
£191,566
(134)
£235,667
(3)
- -
All £117,536
(222)
£191,566
(134)
£235,667
(3)
- -

Current asking rents in L2

Average: £825 pcm
Avg. current asking prices in L2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £716 pcm
(31)
£876 pcm
(21)
- - -
All £716 pcm
(31)
£876 pcm
(21)
- - -

Fun facts for L2

Highest value in L2
Highest value streets Zed-Index
Victoria Street £212,250
Tithebarn Street £189,457
Cheapside £181,663
Castle Street £181,577
The Strand £171,330
Highest turnover in L2
Highest turnover streets Turnover
The Strand 49.7%
Temple Lane 27.8%
Brunswick Street 18.2%
Dale Street 15.2%
Cheapside 13.7%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (492 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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For more information about this property, please contact
Century 21 - Liverpool, L25 on +44 151 382 0422 * (local rate)

Monthly running costs Beta

£442 Monthly total
Mortgage
Purchase price
Deposit (10%) 6,995
Repayment term 25
Interest rate 1.5
Your payment £251 /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 £17 Electricity £29 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.

Contact Century 21 - Liverpool 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 Century 21 - Liverpool, and do not constitute property particulars. Please contact Century 21 - Liverpool 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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