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1 bed flat for sale

£68,950

Reference: 56325, Devon Street, Liverpool L3

1 1 1
Interested in this property? Call +44 1844 340137 * or

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

Property features

  • Eco Friendly Development
  • 8% net Returns For 3 Years
  • Completion- Q4 2018
  • Cash Buyers Only Please

Property description

Property Reference: 56325

For Investment Purposes - Cash Buy only.

Devon House provides all that a modern day student could want, spacious and light apartments with statement high specification furniture located in the centre of Liverpool's plethora of university buildings.

With an 8% net rental return guaranteed each year for three years inclusive of all management fees and service charge, investors can see a healthy return with this proven investment model.

Investors who purchase this apartment will receive £430.50 pcm minimum inclusive of any service charge and ground rent each month for 3 years.

All apartments will benefit from Hi-speed wifi, safes with kitchenette and bathrooms. Larger communal lounges and kitchen areas are available throughout the building providing the perfect balance of space and privacy without losing the social aspect of university.

All furnished apartments have flat screen tv's as well as contemporary furniture packs.

There are hotel style entry systems and CCTV throughout for added security and peace of mind as well as a 24hr reception service.

Due to the specification and location of these apartments, they are predicted to be 100% tenanted at all times and with purpose built student accommodation proving to be one of the only asset classes to provide a consistently positive return for investors since pre recession we also expect an incredibly quick sell out.

No stamp duty payable with legal fee contribution towards our solicitors.

Contact The Property Supplier today to avoid missing out.

For Investment Purposes - Cash Buy only.

Devon House provides all that a modern day student could want, spacious and light apartments with statement high specification furniture located in the centre of Liverpool's plethora of university buildings.

With an 8% net rental return guaranteed each year for three years inclusive of all management fees and service charge, investors can see a healthy return with this proven investment model.

Investors who purchase this apartment will receive £489.66pcm minimum inclusive of any service charge and ground rent each month for 3 years.

All apartments will benefit from Hi-speed wifi, safes with kitchenette and bathrooms. Larger communal lounges and kitchen areas are available throughout the building providing the perfect balance of space and privacy without losing the social aspect of university.

All furnished apartments have flat screen tv's as well as contemporary furniture packs.

There are hotel style entry systems and CCTV throughout for added security and peace of mind as well as a 24hr reception service.

Due to the specification and location of these apartments, they are predicted to be 100% tenanted at all times and with purpose built student accommodation proving to be one of the only asset classes to provide a consistently positive return for investors since pre recession we also expect an incredibly quick sell out.

No stamp duty payable with legal fee contribution towards our solicitors.

Contact The Property Supplier today to avoid missing out.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Market activity
Average price paid £160,627 Sales 236 Current average value £178,800 (Zoopla Zed-Index) Value change £5,524 ▲ 3.19%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £218,596 £127 3.8 -
Semi-detached £172,973 £230 2.7 £170,056
Terraced £166,873 £210 2.9 £165,166
Flats £179,696 £258 1.9 £159,990

Current asking prices in L3

Average: £146,770
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £126,250
(2)
£171,650
(3)
£245,000
(5)
£110,000
(1)
-
Flats £95,455
(420)
£194,452
(233)
£386,342
(54)
- -
All £95,601
(422)
£194,162
(236)
£374,364
(59)
£110,000
(1)
-

Current asking rents in L3

Average: £941 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £472 pcm
(5)
£982 pcm
(2)
£1,028 pcm
(3)
£949 pcm
(1)
£2,113 pcm
(2)
Flats £616 pcm
(53)
£822 pcm
(70)
£1,669 pcm
(13)
£2,449 pcm
(5)
£1,148 pcm
(1)
All £604 pcm
(58)
£827 pcm
(72)
£1,549 pcm
(16)
£2,199 pcm
(6)
£1,791 pcm
(3)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £367,574
Navigation Wharf £265,786
Wapping Quay £253,398
Princes Parade £249,761
Coburg Wharf £249,119
Highest turnover in L3
Highest turnover streets Turnover
Brook Street 44.6%
Lace Street 44.0%
Burlington Street 29.6%
South Ferry Quay 28.3%
Rumford Place 27.3%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (504 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

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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 (25.1 miles)
  • Manchester International Airport (29.0 miles)
  • Liverpool Pier Head Ferry Terminal (1.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.2 miles)
  • Seacombe Ferry Terminal (1.9 miles)

Nearby schools

View all schools in Liverpool
  • St Nicholas's Catholic Primary School (0.4 miles)
  • Sacred Heart 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 (1.1 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
The Property Supplier, OX49 on +44 1844 340137 * (local rate)

Monthly running costs Beta

£456 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,895
Repayment term 25
Interest rate 1.5
Your payment £248 /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) 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 £19 Electricity £27 Estimated energy cost £46/mo 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 The Property Supplier, and do not constitute property particulars. Please contact The Property Supplier 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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