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1 bed flat for sale

£75,000 From

Salisbury Street, Liverpool, Merseyside L3

1
Interested in this property? Call +44 20 8115 8144 * or

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

Property features

  • 250 year leasehold
  • Parking available
  • On-site gymnasium
  • Only 30% deposit required
  • 8% net for 5 years
  • Residential Development

Property description

Property and Invest are proud to launch of Salisbury Place development in Liverpool, a unique and exciting investment opportunity for both first-time and experienced portfolio investors alike.

The development will provide a high-end residential experience to a growing local market ensuring excellent investment yields of 8% net and strong rental demand. Convenient access to all local amenities and walking distance to the trendy Knowledge Quarter district and the 1 billion regeneration program.

Without doubt Salisbury Place is one of the most exciting and luxurious new build properties to come to market, enjoying a prestigious setting due to be one of Liverpool€s most sought after areas. High-End & Well Appointed, Mount Property group only deliver the highest quality residential developments. You can be confident your investment property will impress both prospective tenants and buyers.

Salisbury Place is situated just 15 minutes away from Liverpool€s vibrant city centre. Frequent buses connect Salisbury Place to key locations in the area, including all the main universities. Within walking distance of The Royal Liverpool University Hospital and College as well as the sought-after Knowledge Quarter district and the £1billion regeneration program called Paddington Village which will include the new Liverpool International College
The Paddington Village regeneration project is a massive site behind the Royal Liverpool Hospital, including the former Archbishop Blanch school.

How do I purchase this apartment?

This is off - plan due for completion in Q3 2018. You will need to place a reservation deposit to secure your apartment and from here your solicitors will take care of the purchase. From completion, you will be required to pay the remaining funds and will receive guaranteed rent immediately from here.

How does the guaranteed rent work?

From Completion your rent is guaranteed at a minimum of 8% net of the purchase price. So from the date you complete you can relax knowing exactly what rent you will be receiving. There is a management company in place who will take care of everything for you so if you do have a period of non-occupancy or a tenant that doesn't pay/doesn't pay enough you will still receive you rent for the 5 years.

What are my exit options?

You can sell your apartment at any time on the open market. This is not restricted to students/investors and is an open market investment.

Specifications:

- 8% net for 5 years
- Only 30% deposit required
- On-Site Gymnasium
- Parking Available
- 250 Year Leasehold

We do not charge any admin fees or agency fees.

For more information please contact Property and Invest.

Market activity
Average price paid £158,572 Sales 237 Current average value £175,843 (Zoopla Zed-Index) Value change £4,177 ▲ 2.43%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £187,904 £126 3.8 -
Semi-detached £171,470 £238 2.7 £140,908
Terraced £165,320 £211 2.9 £164,600
Flats £176,571 £253 1.9 £158,293

Current asking prices in L3

Average: £144,976
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 £95,805
(411)
£200,077
(229)
£371,536
(52)
- -
All £95,884
(413)
£199,451
(232)
£366,885
(53)
£115,000
(1)
-

Current asking rents in L3

Average: £1,168 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £463 pcm
(10)
£882 pcm
(8)
£1,062 pcm
(4)
£1,099 pcm
(2)
£2,443 pcm
(6)
Flats £611 pcm
(72)
£923 pcm
(103)
£1,629 pcm
(18)
£1,807 pcm
(13)
£1,988 pcm
(4)
All £593 pcm
(82)
£920 pcm
(111)
£1,526 pcm
(22)
£1,713 pcm
(15)
£2,261 pcm
(10)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £362,565
Navigation Wharf £263,834
Wapping Quay £250,321
Coburg Wharf £244,443
South Ferry Quay £233,561
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 (0.7 miles)
  • Moorfields (0.8 miles)
  • Liverpool Central (0.8 miles)
  • Liverpool John Lennon Airport (7.7 miles)
  • Blackpool International Airport (24.7 miles)
  • Manchester International Airport (29.1 miles)
  • Liverpool Pier Head Ferry Terminal (1.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.3 miles)
  • Seacombe Ferry Terminal (1.8 miles)

Nearby schools

View all schools in Liverpool
  • Faith Primary School (0.1 miles)
  • Millstead School (0.2 miles)
  • Holy Cross Catholic Primary School (0.5 miles)
  • The City of Liverpool College (0.8 miles)
  • Harmonize Academy AP Free School (1.2 miles)
  • LIPA Sixth Form College (1.2 miles)
  • North Liverpool Academy (0.6 miles)
  • Notre Dame Catholic College (0.7 miles)
  • The Academy of St Francis of Assisi (1.2 miles)
Note: Distances are straight line measurements

Local info for Liverpool

AskMe Q&A for Liverpool

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For more information about this property, please contact
Property and Invest, N1 on +44 20 8115 8144 * (local rate)

Monthly running costs Beta

£476 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,500
Repayment term 25
Interest rate 1.5
Your payment £269 /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.

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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 Property and Invest, and do not constitute property particulars. Please contact Property and Invest 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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