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1 bed flat for sale

£67,950

Devon House, Mount Pleasant L3

1 1
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Property description

Full description
Tenure: Leasehold
Devon House - Devon Street Student Property

For Investment Purposes Only - No Help to Buy Scheme Available

The scheme will offer a range of exclusive studio apartments, ideal for both undergraduate and mature students.

Devon House will offer Liverpool students a comfortable housing experience, with the studios being much larger than normal purpose built student accommodation.

It will be located in a very convenient location, being less than 500 meters from the Royal University Hospital, University of Liverpool and Liverpool John Moores University. The site is in the heart of Liverpool's £1 Billion 'Knowledge Quarter' which will transform the student deistrict of Liverpool with institutions such as the Royal Vollege of Physicians already moving into the area.

Investment Overview

• Located in Liverpool's 'Knowledge Quarter'
• 8% Assured Rental Income for 3 Years
• Large Studios from £67,950
• Stunning Views from the Penthouse Apartments
• Experienced Management Company
• National Developer

Why Invest in Student Accommodation

Student property is one of the most lucrative ways to expand your property portfolio in the UK.

Private student accommodation continues to outperform all other forms of property investment in the UK. With low entry prices, stable yields and low void periods, it's one of the most lucrative ways to expand your portfolio. Plus, there is zero stamp duty payable up to £125,000.

Although most first-year students secure university-owned accommodation, others need to look elsewhere. This results in more than 70% of students in university towns renting privately - and they're demanding convenient locations, quality furnishings and on-site amenities. This offers you a compelling investment opportunity.

For More Information Call Us Today or Register Below
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:

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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 Central (0.3 miles)
  • Liverpool Lime Street (0.4 miles)
  • Moorfields (0.8 miles)
  • Liverpool John Lennon Airport (7.0 miles)
  • Blackpool International Airport (25.5 miles)
  • Manchester International Airport (28.9 miles)
  • Liverpool Pier Head Ferry Terminal (1.0 mile)
  • Liverpool Isle of Man & Dublin Terminal (1.1 miles)
  • Woodside Birkenhead Ferry Terminal (1.7 miles)

Nearby schools

View all schools in Liverpool
  • St Nicholas's Catholic Primary School (0.1 miles)
  • Pleasant Street Primary School (0.1 miles)
  • LIPA Primary School (0.4 miles)
  • The City of Liverpool College (0.1 miles)
  • LIPA Sixth Form College (0.3 miles)
  • Liverpool Life Sciences UTC (0.7 miles)
  • Christian Fellowship School (0.7 miles)
  • Archbishop Blanch School (1.2 miles)
  • North Liverpool Academy (1.4 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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For more information about this property, please contact
One Investments, SW18 on +44 20 8033 8424 * (local rate)

Monthly running costs Beta

£451 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,795
Repayment term 25
Interest rate 1.5
Your payment £244 /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 (£202/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 One Investments 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 One Investments, and do not constitute property particulars. Please contact One Investments 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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