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Serviced flat for sale

£116,995 From

Lace Street, Liverpool City Centre L3

2 1 1
Interested in this property? Call +44 151 382 7338 * or

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

Property features

  • Two Bedroom Apartment
  • City Centre Location
  • Buy To Let Opportunity
  • Investors Only
  • 7% Net Yield assured for 2 Years
  • Close to Local Universities
  • Completed Development
  • Serviced Apartment
  • Furniture Packs Available
  • Fully Fitted Kitchen & Bathroom

Property description

Detailed Description

Red Rooves are delighted to bring this Brand New Development in Liverpool City Centre to the Market. This particular apartment is on the 2nd floor of the development and is currently let by way of assured shorthold tenancy agreement for £8,190 rental income per annum.
This unique opportunity is available for buy to let investors only, and is being sold with current tenant in situ.
The property briefly comprises of a spacious entrance hall, large open plan lounge and Kitchen diner, two double bedrooms and a bathroom.
This is the perfect place for renters who are studying or working in the City Centre.
All work has been completed to a very high quality to walls, ceilings and all joinery, some features of the fantastic development are briefly;
Full height powder coated aluminium frame double glazing, high efficiency heating system, camaro vinyl wood strip flooring.
In the kitchen; fully fitted modern kitchen with a selection of wall and base units and laminate worktop, electric multifunctional oven and hob finished in stainless steel, and finished in a laminate floor.
In the bathroom; Modern white sanitary ware including concealed cistern WC, contemporary chrome fittings, high quality shower fittings, and to finish, all walls and floors fully tiled in contemporary ceramic tiles.
Close to a range of local amenities including the world famous Liverpool City Centre, which has a wide range of shopping, restaurants and bars.

Important Notice to Purchasers:
* We endeavour to make our sales fair, accurate and reliable but these are only a general guide and they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or facts. We do not guarantee or test any services, systems or appliances listed in the specification as to their operating or efficiency ability, we therefor strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase. All measurements that are stated are only intended as guidance only and are not precise, you should therefore verify the dimensions carefully before ordering any built-in furniture, carpets or laminates.
* Intending purchasers please note that you will be asked to produce some identification documentation at a later stage as part of the anti-money laundering regulations, we therefore please ask for your co-operation in this matter so that there will be no delays in agreeing a sale for the property.
* These are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these should be independently verified by prospective buyers. Neither Red Rooves Limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. Your home is at risk if you do not keep up repayments on a mortgage or other loans secured against it.

Lounge : 4.72m x 3.43m (15'6" x 11'3"), Large Lounge open plan to kitchen, with carpeted floor, wall mounted central heating radiator. Full Height powder coated aluminium frame double glazing windows.

Kitchen/Diner : 3.86m x 3.35m (12'8" x 10'12"), Fitted kitchen with a range of base, draw and wall units. With integrated fridge/freezer, washing machine and stainless steel sink with drainer. With vinyl flooring, space for a dining table and further storage.

Master Bedroom : 6.50m x 2.61m (21'4" x 8'7"), Large master bedroom with carpeted floor and built in wardrobe, wall mounted central heating radiator. Full Height powder coated aluminium frame double glazing windows.

Bedroom 2 : 3.76m x 2.77m (12'4" x 9'1"), Carpeted floor, wall mounted central heating radiator. Full Height powder coated aluminium frame double glazing windows.

Bedroom 3 : 3.73m x 1.98m (12'3" x 6'6"), Carpeted floor, wall mounted central heating radiator. Full Height powder coated aluminium frame double glazing windows.

Bathroom : Modern White sanitary ware including concealed cistern WC, contemporary chrome fittings, high quality shower fitting, wall and floor fully tiled in contemporary ceramic tiles.

Floorplan(s): Floor Plan 1

Floor Plan 1 View original

Market activity
Average price paid £157,145 Sales 211 Current average value £179,617 (Zoopla Zed-Index) Value change £1,274 ▲ 0.71%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £191,507 £128 3.8 -
Semi-detached £175,065 £232 2.7 £144,750
Terraced £169,061 £211 2.9 £171,800
Flats £180,359 £262 1.9 £156,803

Current asking prices in L3

Average: £159,130
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £140,000
Flats £109,728
All £109,794

Current asking rents in L3

Average: £978 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £553 pcm
£880 pcm
£1,245 pcm
£1,229 pcm
£2,532 pcm
Flats £633 pcm
£906 pcm
£1,293 pcm
£1,848 pcm
£1,318 pcm
All £624 pcm
£905 pcm
£1,285 pcm
£1,663 pcm
£1,925 pcm

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £371,665
Navigation Wharf £268,757
Wapping Quay £255,543
Coburg Wharf £248,985
South Ferry Quay £238,365
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 50.5%
Brook Street 43.8%
South Ferry Quay 31.6%
Burlington Street 31.0%
Rumford Place 29.7%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (528 ratings)

Ratings breakdown:

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

  • Moorfields (0.3 miles)
  • Liverpool Lime Street (0.4 miles)
  • Liverpool Central (0.5 miles)
  • Liverpool John Lennon Airport (7.8 miles)
  • Blackpool International Airport (25.0 miles)
  • Manchester International Airport (29.5 miles)
  • Liverpool Pier Head Ferry Terminal (0.7 miles)
  • Liverpool Isle of Man & Dublin Terminal (0.7 miles)
  • Seacombe Ferry Terminal (1.3 miles)

Nearby schools

View all schools in Liverpool
  • Holy Cross Catholic Primary School (0.0 miles)
  • The Trinity Catholic Primary School (0.5 miles)
  • Faith Primary School (0.6 miles)
  • LIPA Sixth Form College (1.0 mile)
  • Harmonize Academy AP Free School (1.6 miles)
  • Everton Free School (1.9 miles)
  • Notre Dame Catholic College (1.0 mile)
  • North Liverpool Academy (1.1 miles)
  • The Academy of St Francis of Assisi (1.7 miles)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L3

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For more information about this property, please contact
Red Rooves Limited, L1 on +44 151 382 7338 * (local rate)

Monthly running costs Beta

£655 Monthly total


Purchase price
Deposit (10%) 11,699
Repayment term 25
Interest rate 1.5
Your payment £421 /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 £100,000 Average insurance cost £28/mo (£340/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


Gas £22 Electricity £29 Estimated energy cost £51/mo

Similar properties could save up to £222

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: 7100 kWh/year
Electricity: 2200 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority


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.


Supply £19 Sewerage £19 Estimated water cost £38 /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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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Red Rooves Limited, and do not constitute property particulars. Please contact Red Rooves Limited 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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