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Studio for sale

£79,950 (£286/sq. ft)

Devon Street, Liverpool L3

1 1 280 sq. ft*
Interested in this property? Call +44 161 506 9706 * or

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

Property description

Property Information:

- Not only for Cash Buyers!
- 8% assured rental Net Income for 3 years
- High Demand Postcode
- Very likely appreciation of property in the next 5 years
- Large studio apartments

Contact Royal Properties today to check availability + view all property documents to ensure your informative decision.

Devon House is the latest student development from ypg. Located in the heart of Liverpool's student district, this development will benefit from the £1 billion which has been invested into Liverpool's Knowledge Quarter. 8% net yield for 3 years

Devon House will consist of 162 fully managed studio apartments to cater for the rapidly increasing student market in Liverpool.

All apartments are furnished to the highest standard and include a tablet computer for each student. This clever technology allows tenants to book communal areas, control heating, request maintenance 24/7, communicate with others in the building, receive information from on-site management and order outside services like food orders and laundry.

Devon House will also have advanced light sensor and heating systems, reducing energy costs by more than 20%. Communal areas will include study spaces, a breakout room, cinema system, pool tables, on-site gym and a cooking/dining area that seats up to 10 people. As a result, Devon House will offer students the best of Liverpool living at an affordable price - while giving investors 8% net rental income.

Completion: Q4 - 2018
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: £151,588
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £112,000
(2)
£174,550
(4)
£125,000
(1)
£115,000
(1)
-
Flats £101,283
(387)
£198,093
(266)
£372,639
(53)
- -
All £101,338
(389)
£197,744
(270)
£368,054
(54)
£115,000
(1)
-

Current asking rents in L3

Average: £1,173 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 £616 pcm
(70)
£905 pcm
(106)
£1,622 pcm
(21)
£1,807 pcm
(13)
£2,089 pcm
(5)
All £597 pcm
(80)
£903 pcm
(113)
£1,533 pcm
(25)
£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.
Please note your vote will only be counted once.

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
Royal Properties, M7 on +44 161 506 9706 * (local rate)

Monthly running costs Beta

£494 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,995
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 Royal Properties 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 Royal Properties, and do not constitute property particulars. Please contact Royal Properties 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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