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1 bed flat for sale

£99,999 From

Park Road, Liverpool L8

1 1
Interested in this property? Call +44 20 8022 0281 * or

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Property description

The opportunity


We are delighted to bring you the opportunity to purchase a selection of just 31 one bed apartments in this exclusive development in a highly desirable area of Liverpool.

These apartments will be ready for occupation in June 2017. With a show apartment already finished, tenant applications are flooding in.

The quality of the location and the beautiful design of the apartments has meant that tenant demand has really taken off for these apartments.


Types of units


£84,999 - £119,999
New York Loft Style 1 Bedroom Apartments


Income


7% net income for 5 years


Key points


- 31 Stunning Apartments
- Brand-new redevelopment
- 7% net yield assured for 5 years
- Huge tenant demand
- Beautiful designs by respected architect
- Originally constructed in 1900
- Completely Hands Off Investment
- Management and Maintenance in Place
- Competitive Finance Packages Available
- Prices from £84,999


Sought after location


Residential Accommodation is one of the highest yielding and most stable investments available. With huge demand from local tenants in the Liverpool area and consistent capital growth, these represent a great purchase for any hands-off investor.

With the ability to raise finance at some of the lowest rates for many years, investing in residential property can give some of the highest returns as a percentage vs the cash invested.

Rental growth remains strong in the residential market with Savills forecasting 19% expected growth over the next 5 years. Couple the strong rental growth with capital growth which has been prevalent over the last 5 years too and you have a product which has performed very well historically and is showing no signs of slowing down.


Payment plan


- Reservation deposit
- 10% Exchange Deposit
- Balance on completion


Contact us


For a brochure, available units & floor plans and to discuss your requirements.
Market activity
Average price paid £108,795 Sales 202 Current average value £112,503 (Zoopla Zed-Index) Value change £1,838 ▲ 1.66%

Property value data/graphs for L8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £248,469 £203 4.2 £178,425
Semi-detached £150,727 £136 3.7 £127,737
Terraced £81,892 £141 2.7 £102,225
Flats £114,054 £192 1.9 £106,204

Current asking prices in L8

Average: £142,796
Avg. current asking prices in L8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £76,250
(2)
£80,358
(37)
£126,880
(18)
£316,500
(6)
£397,500
(2)
Flats £100,929
(54)
£145,719
(77)
£236,665
(9)
- -
All £100,048
(56)
£124,505
(114)
£163,475
(27)
£316,500
(6)
£397,500
(2)

Current asking rents in L8

Average: £763 pcm
Avg. current asking prices in L8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £582 pcm
(10)
£554 pcm
(16)
£962 pcm
(11)
£1,035 pcm
(8)
£420 pcm
(1)
Flats £570 pcm
(51)
£710 pcm
(61)
£1,264 pcm
(17)
£2,080 pcm
(2)
£2,383 pcm
(1)
All £572 pcm
(61)
£677 pcm
(77)
£1,145 pcm
(28)
£1,244 pcm
(10)
£1,402 pcm
(2)

Fun facts for L8

Highest value in L8
Highest value streets Zed-Index
Falkner Street £486,824
Canning Street £267,095
Falkner Square £257,169
Sefton Drive £245,453
Sefton Park Road £241,475
Highest turnover in L8
Highest turnover streets Turnover
Herbie Higgins Close 66.7%
Palomar Close 58.3%
Glade Park Court 38.9%
Kinnaird Street 35.3%
Chillingham Street 34.3%

What Zoopla users think of Toxteth

Overall rating:

  • currently 3.5 stars
Good - 75% (69 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Toxteth:

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

  • Brunswick (0.5 miles)
  • Liverpool Central (1.1 miles)
  • St Michaels (1.2 miles)
  • Liverpool John Lennon Airport (6.3 miles)
  • Blackpool International Airport (26.6 miles)
  • Manchester International Airport (28.8 miles)
  • Liverpool Pier Head Ferry Terminal (1.6 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.7 miles)
  • Woodside Birkenhead Ferry Terminal (1.7 miles)

Nearby schools

View all schools in Liverpool
  • Holy Family Catholic Primary School (0.1 miles)
  • St Patrick's Catholic Primary School (0.2 miles)
  • Windsor Community Primary School (0.3 miles)
  • LIPA Sixth Form College (0.7 miles)
  • Harmonize Academy AP Free School (1.9 miles)
  • Everton Free School (3.4 miles)
  • The Belvedere Academy (0.6 miles)
  • King's Leadership Academy, Liverpool (0.9 miles)
  • Bellerive FCJ Catholic College (0.9 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
RS Property Investments, N11 on +44 20 8022 0281 * (local rate)

Monthly running costs Beta

£549 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,999
Repayment term 25
Interest rate 1.5
Your payment £359 /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 £26 Estimated energy cost £45/mo

Similar properties could save up to £198

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.

Contact RS Property Investments 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 RS Property Investments, and do not constitute property particulars. Please contact RS Property Investments 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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