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Studio for sale

£69,495 (£307/sq. ft)

Devon Street, Liverpool L3

1 226 sq. ft*
Interested in this property? Call +44 1254 789932 * or Request Details

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

Property features

  • 8% Assured Net rental return for 3yrs
  • Zero Stamp Duty payable
  • Walking Distance to the 4 Major Universities
  • Communal Cinema Room
  • Study Room
  • Experianced Management Company

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 £62,995
• 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


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.
Market activity
Average price paid £156,633 Sales 214 Current average value £183,433 (Zoopla Zed-Index) Value change £9,523 ▲ 5.48%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £203,628 £131 3.8 -
Semi-detached £178,269 £239 2.7 £122,000
Terraced £173,092 £210 2.9 £184,450
Flats £184,146 £266 1.9 £155,015

Current asking prices in L3

Average: £153,962
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £97,500
(2)
£198,140
(5)
£353,333
(6)
£152,475
(2)
-
Flats £113,048
(526)
£202,392
(398)
£336,958
(50)
£239,950
(1)
-
All £112,990
(528)
£202,339
(403)
£338,712
(56)
£181,633
(3)
-

Current asking rents in L3

Average: £950 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £546 pcm
(8)
£879 pcm
(9)
£1,298 pcm
(2)
£1,195 pcm
(3)
£2,653 pcm
(3)
Flats £644 pcm
(93)
£904 pcm
(164)
£1,494 pcm
(21)
£2,023 pcm
(7)
£1,110 pcm
(6)
All £637 pcm
(101)
£903 pcm
(173)
£1,477 pcm
(23)
£1,774 pcm
(10)
£1,624 pcm
(9)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £379,715
Navigation Wharf £275,514
Wapping Quay £261,550
Coburg Wharf £255,169
South Ferry Quay £243,495
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 50.5%
Brook Street 43.0%
Burlington Street 31.0%
South Ferry Quay 30.8%
Rumford Place 29.7%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (551 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 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)
  • LIPA Sixth Form College (0.8 miles)
  • Harmonize Academy AP Free School (1.0 mile)
  • Everton Free School (1.8 miles)
  • North Liverpool Academy (0.9 miles)
  • Notre Dame Catholic College (1.0 mile)
  • The Academy of St Francis of Assisi (1.1 miles)
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.

Arrange Viewing

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

Monthly running costs Beta

£458 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,949
Repayment term 25
Interest rate 1.5
Your payment £250 /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 £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 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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