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Studio for sale

£67,950 From

Devon Street, Liverpool L3

1 1
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Property features

  • Selection Of Studio & En-Suite Rooms
  • 8% Net Rental Return Assured For 3 Years
  • Fully Managed Hands Free Investment
  • Close to Liverpools Major Universities

Property description

Liverpool Studio Apartments Offering An Assured Rental Return Of 8% For 3 YearsDevon Street, Islington, - A duluxe next generation development comprising of 162 apartments, Devon Street caters for Liverpool’s cultivated students, offering bespoke furnishings designed to provide tenants with a living experience unlike anything else available in the City.
Built by the experienced ypg Developments This eight story project is being developed in the heart of the cities knowledge quarter within a short walk of all of the The University Of Liverpool, John Moors University, Liverpool Hope, The School of tropical medicine and The Royal Hospital University.
Devon Street will be the first student option in the UK to utilise ypg’s ‘bespoke student liason app’ this will allow tenants to book communal areas, control heating, request 24/7 onsite maintenance, communicate with other tenants throughout the development, receive information from onsite management, order outside services (food/laundry etc) all via a built in android device. To reduce costs for tenants and investors alike Devon Street will also include our new light sensor system and advanced heating system combined reducing energy costs by upwards of 20%.
Communal areas will include study spaces, breakout room, cinema system, pool tables, onsite gymnasium and new cooking/dining area which offers the tenants the opportunity to utilise a kitchen and seating for up to 10 guests.All of the above ensures that tenants in Devon Street will experience a living experience unlike anything else available in the City at no extra cost.
•162 luxurious apartments in the heart of Liverpool’s knowledge Quarter
•Bespoke furnishings to provide tenants with a spacious clutter free living experience
•Onsite cleaner and maintenance
•Built in ‘bespoke student liaison app allows tenets to book communal areas, control heating, request 24/7 onsite maintenance, communicate with other tenents throughout the development, reciveve information from oniste management, order outside services (food/laundry ect) all via a built in android device.
•Units from £67,950 offering assured returns of 8% net for 3 years
All units will include;
Hi-Speed Wi-Fi
Communal lounges
Flat screen tv’s
Fully fitted communal kitchens
On site laundry
Hotel style access system
Monitored CCTV
24 hour reception and security
Distance from universities/colleges & transport
Lime Street Station - 4 Mins
University of Liverpool - 3 Mins
Liverpool School of Tropical Medicine - 3 Mins
Royal Liverpool University Hospital - 2 Mins
St Georges Hall - 4 Mins


Market activity
Average price paid £160,652 Sales 242 Current average value £179,550 (Zoopla Zed-Index) Value change £6,619 ▲ 3.83%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £219,955 £128 3.8 -
Semi-detached £174,345 £243 2.7 £170,056
Terraced £168,144 £209 2.9 £181,150
Flats £180,365 £259 1.9 £159,380

Current asking prices in L3

Average: £138,700
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £115,000
(3)
£160,000
(1)
£125,000
(2)
£115,000
(1)
-
Flats £97,618
(460)
£192,609
(226)
£365,219
(45)
- -
All £97,731
(463)
£192,465
(227)
£354,997
(47)
£115,000
(1)
-

Current asking rents in L3

Average: £1,153 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £505 pcm
(11)
£922 pcm
(10)
£1,076 pcm
(3)
£897 pcm
(1)
£2,545 pcm
(5)
Flats £626 pcm
(64)
£852 pcm
(84)
£1,638 pcm
(18)
£1,924 pcm
(9)
£2,282 pcm
(3)
All £608 pcm
(75)
£859 pcm
(94)
£1,558 pcm
(21)
£1,822 pcm
(10)
£2,447 pcm
(8)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £369,208
Navigation Wharf £268,176
Wapping Quay £254,690
Coburg Wharf £250,894
Princes Parade £248,237
Highest turnover in L3
Highest turnover streets Turnover
Brook Street 44.6%
Lace Street 44.0%
Burlington Street 31.0%
South Ferry Quay 30.0%
Rumford Place 29.1%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (507 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

  • Liverpool Lime Street (0.4 miles)
  • Liverpool Central (0.6 miles)
  • Moorfields (0.8 miles)
  • Liverpool John Lennon Airport (7.3 miles)
  • Blackpool International Airport (25.0 miles)
  • Manchester International Airport (28.9 miles)
  • Liverpool Pier Head Ferry Terminal (1.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.2 miles)
  • Seacombe Ferry Terminal (1.9 miles)

Nearby schools

View all schools in Liverpool
  • Sacred Heart Catholic Primary School (0.5 miles)
  • St Nicholas's Catholic Primary School (0.5 miles)
  • Pleasant Street Primary School (0.5 miles)
  • The City of Liverpool College (0.5 miles)
  • LIPA Sixth Form College (0.8 miles)
  • Harmonize Academy AP Free School (1.0 mile)
  • Christian Fellowship School (0.9 miles)
  • North Liverpool Academy (0.9 miles)
  • Notre Dame Catholic College (1.0 mile)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L3

AskMe Q&A for Liverpool

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For more information about this property, please contact
Property Webwise, W9 on +44 20 8115 7252 * (local rate)

Monthly running costs Beta

£451 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,795
Repayment term 25
Interest rate 1.5
Your payment £244 /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

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £17/mo (£207/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 £17 Electricity £28 Estimated energy cost £45/mo

Similar properties could save up to £180

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 Property Webwise, and do not constitute property particulars. Please contact Property Webwise 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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