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Studio for sale

£79,995 (£310/sq. ft)

Devon Street, Liverpool L3

1 258 sq. ft*
Interested in this property? Call +44 1254 789932 * or

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

Property features

  • 8% Assured Net rental return for 3yrs
  • No Stamp Duty payable of student property
  • Walking Distance to the 4 Major Universities
  • Experianced Management company
  • Cinema Room
  • Study Rooms
  • Onsite Coffee Shop & Convenience Store

Property description

One Islington Plaza Student Studios

For Investment Purposes Only – No Help to Buy Scheme Available

One Islington Plaza is the latest student investment opportunity in Liverpool. Phase 1 of One Islington Plaza in Liverpool’s £1 billion Knowledge Quarter. This brand new student residence will offer the highest quality of student living in the heart of Liverpool’s student district. Spread over 9 floors the development will offer 317 studio and en suite clusters, starting at £62,995 with an 8% assured net rental return for 3 years. The developer has signed up the uk’s leading rental agent, Urban Student Life, who will be managing the development from completion. The development will include a wealth of facilities including a games room with ping pong, foosball, pool tables and games stations. There will also be a cinema room, laundry facilities, cycle storage and a gymnasium for residents’ exclusive use.
Further to this there will be an onsite Crosby coffee shop offering grab and go options.

Student Investment Overview
• Phase 1 Prices from £63,995
• 8% Assured Net Rental Return for 3 Years
• Located 100m from the University of Liverpool
• Wealth of Facilities
• uk’s Leading Student Rental Agent
• Walking Distance to the 4 Major Universities
• Located Near to Royal Liverpool University Hospital

Knowledge Quarter – £1 Billion Investment
The Knowledge Quarter is the area Liverpool City Council is developing as an academic hub. It’s already home to the University of Liverpool, Liverpool School of Tropical Medicine, Royal Liverpool University Hospital, Liverpool Hope University and Liverpool John Moores University.
This enormous project is called Paddington Village, and it will cover 30 acres behind Royal Liverpool University Hospital.
The development plans are ambitious, to say the least. There will be an array of new houses, businesses, conference space, laboratories and academic buildings, and there’s also talk of a skyscraper and a train station.

Knowledge Quarter ceo Colin Sinclair told the Liverpool Echo that thousands of new jobs could be created via Paddington Village.
‘This is a landmark, a historic moment in the future of Liverpool…When that kind of investment is being made, you can really say to any investor from around the globe that Liverpool is a city of opportunity.
It’s a steep change. We’re not dabbling around the edges here. We’re trying to create something that is lasting for the city.
Phase 1 of Paddington Village is likely to begin in 2017.
Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £158,572 Sales 237 Current average value £175,668 (Zoopla Zed-Index) Value change £4,150 ▲ 2.42%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £187,721 £126 3.8 -
Semi-detached £171,284 £238 2.7 £140,908
Terraced £165,864 £207 2.9 £164,600
Flats £176,363 £254 1.9 £158,293

Current asking prices in L3

Average: £151,490
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 £101,125
(384)
£198,342
(263)
£372,639
(53)
- -
All £101,181
(386)
£197,815
(266)
£368,054
(54)
£115,000
(1)
-

Current asking rents in L3

Average: £1,170 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £463 pcm
(10)
£873 pcm
(7)
£1,062 pcm
(4)
£1,099 pcm
(2)
£2,443 pcm
(6)
Flats £613 pcm
(70)
£908 pcm
(105)
£1,629 pcm
(18)
£1,807 pcm
(13)
£2,089 pcm
(5)
All £594 pcm
(80)
£906 pcm
(112)
£1,526 pcm
(22)
£1,713 pcm
(15)
£2,282 pcm
(11)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £362,204
Navigation Wharf £263,437
Wapping Quay £250,006
Coburg Wharf £244,203
South Ferry Quay £233,281
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.
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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 (25.0 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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Links Investment Property Network, BB3 on +44 1254 789932 * (local rate)

Monthly running costs Beta

£494 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,999
Repayment term 25
Interest rate 1.5
Your payment £287 /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 Links Investment Property Network 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 Links Investment Property Network, and do not constitute property particulars. Please contact Links Investment Property Network 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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