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1 bed flat for sale

£92,950 (£346/sq. ft)

., Liverpool, Merseyside L1

1 1 1 269 sq. ft*
Interested in this property? Call +44 20 8115 5437 * or

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

Property description

Opulent are pleased to announce our very latest Liverpool City Centre Project, this time in the heart of Liverpool City Centre with a much sought after L1 postcode. We have been working on bringing to market a low entry product for investors who have a budget of £70-100k and our property sources have done us proud with this project. Prices are extremely favourable and out of all our Liverpool projects displays the best value for money with some units coming in as little as £195/sqft, up to 15% bmv. What's more this fully hands-off investment will come complete with an assured rental period of 3 years at 8% net which again is a superior yield to most other projects within the vicinity.

The development is a new £40 million project in the heart of Liverpool's city centre. Leading the way forward with its cutting-edge design, the lavish development will feature spacious studio and one bedroom apartments.

The development will provide residents with a spectacular panoramic view of Liverpool's iconic skyline and the remarkable World Heritage waterfront. The innovative, multi-million-pound development has been designed by award-winning architects and will become an iconic addition to Liverpool's city centre.
Set for a staged completion between September 2017 to June 2018, when complete the project will be situated in an ideal location for students, young professionals or even young couples. It's proximity close to bars, restaurants, retail outlets as well as business's means investors should have very little difficulty in renting the property out long term.

Investment Highlights

- Studio apartments from £89,950

- 15% bmv, prices starting from £195/sqft

- 3 years assured rent at 8% per annum

- Furniture included within the price

- A projected roi of 95% inside 5 years

- Developer with a track record of delivery
Market activity
Average price paid £126,010 Sales 131 Current average value £148,374 (Zoopla Zed-Index) Value change £8,134 ▲ 5.80%

Property value data/graphs for L1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £166,251 - 2.2 -
Semi-detached £167,923 £228 3.2 -
Terraced £312,210 £282 3.9 £254,233
Flats £143,795 £216 1.8 £119,855

Current asking prices in L1

Average: £118,196
Avg. current asking prices in L1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £59,667
(3)
- - - £650,000
(1)
Flats £98,003
(290)
£169,650
(91)
£217,081
(8)
- -
All £97,611
(293)
£169,650
(91)
£217,081
(8)
- £650,000
(1)

Current asking rents in L1

Average: £990 pcm
Avg. current asking prices in L1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £458 pcm
(12)
£724 pcm
(2)
- - £1,950 pcm
(2)
Flats £630 pcm
(76)
£835 pcm
(76)
£1,247 pcm
(14)
£2,266 pcm
(2)
£2,349 pcm
(1)
All £607 pcm
(88)
£832 pcm
(78)
£1,247 pcm
(14)
£2,266 pcm
(2)
£2,083 pcm
(3)

Fun facts for L1

Highest value in L1
Highest value streets Zed-Index
Mount Street £405,361
Hope Street £297,905
Knight Street £247,786
Rodney Street £246,456
Hurst Street £190,763
Highest turnover in L1
Highest turnover streets Turnover
Crosshall Street 31.7%
Dukes Terrace 29.6%
Mount Street 25.0%
Cornwallis Street 24.6%
Preston Street 22.2%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (548 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

  • Liverpool Central (0.2 miles)
  • Liverpool Lime Street (0.4 miles)
  • Liverpool James Street (0.4 miles)
  • Liverpool John Lennon Airport (7.2 miles)
  • Blackpool International Airport (25.6 miles)
  • Manchester International Airport (29.4 miles)
  • Liverpool Pier Head Ferry Terminal (0.6 miles)
  • Liverpool Isle of Man & Dublin Terminal (0.7 miles)
  • Woodside Birkenhead Ferry Terminal (1.3 miles)

Nearby schools

View all schools in Liverpool
  • St Vincent de Paul Catholic Primary School (0.2 miles)
  • Pleasant Street Primary School (0.4 miles)
  • LIPA Primary School (0.4 miles)
  • LIPA Sixth Form College (0.5 miles)
  • Harmonize Academy AP Free School (1.6 miles)
  • Everton Free School (2.5 miles)
  • Archbishop Blanch School (1.6 miles)
  • Notre Dame Catholic College (1.6 miles)
  • North Liverpool Academy (1.6 miles)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L1

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
Opulent Investments LTD, L3 on +44 20 8115 5437 * (local rate)

Monthly running costs Beta

£546 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,295
Repayment term 25
Interest rate 1.5
Your payment £334 /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 £21/mo (£255/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 £18 Electricity £28 Estimated energy cost £46/mo

Similar properties could save up to £184

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 Opulent Investments LTD 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 Opulent Investments LTD, and do not constitute property particulars. Please contact Opulent Investments LTD 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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