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1 bed flat for sale

£85,000 (£263/sq. ft)

Salisbury Street, Liverpool L3

1 1 323 sq. ft*
Interested in this property? Call +44 151 382 7299 * or

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

Property features

  • Balcony
  • Underground parking
  • Assured rental yield of up to 8% net per annum for 5 years
  • Minimum return of £29,100 in the first 5 years
  • Fully furnished luxury studios, 1 and 2 bedroom apartments
  • Hands off investment
  • Liverpool is home to 3 world-class Universities with over 70,000 students
  • Parking available

Property description

Units: 70

Completion expected: August 2018

Payment plans:

(a)
- Secure your preferred unit with £6000 reservation fee (includes £1000 admin and handling fee)
- Exchange contracts within 28 days pay 40% value of purchase price (Less £5000)
- 6 months after exchange pay 40% value of purchase price
- Payable on completion 20% remaining balance
- including 4% cash back on completion of deposited funds

(b)
- Secure your preferred unit with £6000 reservation fee (includes £1000 admin and handling fee)
- Exchange contracts within 28 days pay 40% value of purchase price (Less £5000)
- 6 months after exchange pay 30% value of purchase price
- Payable on completion 30% remaining balance

Liverpool is one of the fastest growing tourist destinations in Europe underlined by a consistent 15% year on year increase in the number of visitors to the city. Liverpool offers such great value for both residents and investors.

As is typical with much of the North, prices in the city are considerably more affordable than property in the south, particularly London.

Liverpool is also one of the most prolific football cities in the UK with two world class teams that have won more trophies than any other city in the UK. Liverpool Football Club attracts thousands of international visitors to its home games.

Liverpool has managed to attract more foreign investors than any other period in its history as the city expands due to both a booming student and residential population surge. With the inclusion of its Tourism, Student and Residential sectors Liverpool can boast a triple crown in property investment.

The rental yields are among the highest in the UK. Yearly population growth in Liverpool continues to ensure the longevity of residential property demand in the area for the foreseeable future, and further to this the Cities Tourism has generated over 49,000 jobs over the past few years further ensuring its commercial sector.

Now one of Europe’s fastest growing destinations. One new cruise terminal & another in development. Two world renowned football teams, annual Visitor Spend of £3.4 billion and Year on Year Visitor Growth of 15%, Liverpool is growing from strength to strength, a city truly worthy of investment

Property info

Market activity
Average price paid £158,572 Sales 237 Current average value £175,843 (Zoopla Zed-Index) Value change £4,177 ▲ 2.43%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £187,904 £126 3.8 -
Semi-detached £171,470 £238 2.7 £140,908
Terraced £165,320 £211 2.9 £164,600
Flats £176,571 £253 1.9 £158,293

Current asking prices in L3

Average: £144,976
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £112,000
(2)
£151,650
(3)
£125,000
(1)
£115,000
(1)
-
Flats £95,805
(411)
£200,077
(229)
£371,536
(52)
- -
All £95,884
(413)
£199,451
(232)
£366,885
(53)
£115,000
(1)
-

Current asking rents in L3

Average: £1,168 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £463 pcm
(10)
£882 pcm
(8)
£1,062 pcm
(4)
£1,099 pcm
(2)
£2,443 pcm
(6)
Flats £611 pcm
(72)
£923 pcm
(103)
£1,629 pcm
(18)
£1,807 pcm
(13)
£1,988 pcm
(4)
All £593 pcm
(82)
£920 pcm
(111)
£1,526 pcm
(22)
£1,713 pcm
(15)
£2,261 pcm
(10)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £362,565
Navigation Wharf £263,834
Wapping Quay £250,321
Coburg Wharf £244,443
South Ferry Quay £233,561
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 49.5%
Brook Street 44.6%
South Ferry Quay 31.2%
Burlington Street 31.0%
Rumford Place 29.7%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (510 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 (0.7 miles)
  • Moorfields (0.8 miles)
  • Liverpool Central (0.8 miles)
  • Liverpool John Lennon Airport (7.7 miles)
  • Blackpool International Airport (24.7 miles)
  • Manchester International Airport (29.1 miles)
  • Liverpool Pier Head Ferry Terminal (1.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.3 miles)
  • Seacombe Ferry Terminal (1.8 miles)

Nearby schools

View all schools in Liverpool
  • Faith Primary School (0.1 miles)
  • Millstead School (0.2 miles)
  • Holy Cross Catholic Primary School (0.5 miles)
  • The City of Liverpool College (0.8 miles)
  • Harmonize Academy AP Free School (1.2 miles)
  • LIPA Sixth Form College (1.2 miles)
  • North Liverpool Academy (0.6 miles)
  • Notre Dame Catholic College (0.7 miles)
  • The Academy of St Francis of Assisi (1.2 miles)
Note: Distances are straight line measurements

Local info for Liverpool

AskMe Q&A for Liverpool

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Cityscape Investments, L1 on +44 151 382 7299 * (local rate)

Monthly running costs Beta

£512 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,500
Repayment term 25
Interest rate 1.5
Your payment £305 /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.

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