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1 bed flat for sale

£85,000 Offers over

Salisbury Street, Liverpool L3

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Interested in this property? Call +44 20 3463 2699 * or

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Property features

  • Selection Of High End Studio's, 1 & 2 Bedroom Apartments
  • 8% Net Returns For 5 Years
  • Ideally Located For The Thriving Liverpool Rental Market
  • Respected & Trusted Developer
  • Hassle Free Investment

Property description

Salisbury Place is a new investment opportunity for both first-time and experienced investor providing excellent investment yields of 8% for an assured period of 5 years. Salisbury Place will benefit from a prestigious setting due to be one of Liverpool’s most sought after areas with Convenient access to local amenities, walking distance to the trendy Knowledge quarter district and the one billion regeneration program.
The developers, Mount Property group, only deliver the highest quality residential developments. One can be assured that this investment property will impress both prospective tenants and buyers.
Salisbury Place promises to be a magnificent tenant haven, ensuring tranquil modern urban living. This exquisite development comprises of 5 breath-taking floors, stretching from expansive studios to luxury two bedroom apartments with exquisite architecture and finishes. Each apartment will be furnished to a top standard. Additionally, residents of Salisbury place will be provided a state-of-the-art private on-site gymnasium, as well as communal areas and secure bike storage for all residents and allocated parking spaces for selected units.
Studio Apartment
Studio apartments start from just £72,750 and provide an annual 8% yield of 5,820 with an estimated area of around 33sqM. The apartment proposes all the basic needs of a young professional or advanced student with a bedroom, kitchen and small dining table in the main living room. Additionally, there is a balcony for nice views and a bath and shower.
1 Bed Apartment
The 1 bedroom apartments start from £85,500. They comprise a master bedroom and an exclusive open plan kitchen lounge and dining area incorporated into the living room. The en-suite bathroom includes a bath tub and shower along with other essentials accessories. A lot of these apartments have large balcony for beautiful external view.
2 Bed Apartment
The2 Bedroom apartments are priced from £114,000. They comprise a floor space of about 61sqM which includes two bedrooms, a larger open plan kitchen lounge and dining area, which makes these apartments more suitable for multiple dwellers. One of the bedrooms has an en-suite bathroom with a shower. Like the one bed apartments, these apartments also boast balconies for viewing purposes.
Investment Highlights
? Assured Minimum Rental Yield of 8% net per annum for 5 years
? Minimum Return of £29,100 in the first 5 years alone
? Thriving Liverpool rental market
? Built by tested and trusted developers, Mount Property group
? Fully Furnished luxury studios, 1 and 2 bedroom Apartments
? A Fully Hands Free Investment, managed by Reputable asset managers
? Entry Price from just £72,750
F.A.Q.S:
Is it a new build or a refurbished development? It is a new build Residential development.
How much are the apartments? Student bedrooms are priced from £72500 for a studio up to £120,000 tor a 2 bedroom.
What is the assured yield? The assured yield is 8% net per annum tor 5 years.
How much is the ground rent? The lease is 250 years and the ground rent is £300- £350 per annum.
Are the rooms furnished? Furniture packs are available upon request.
How do I reserve a Unit? Complete a reservation form and pay the fee to reserve your apartment. The tee will be deducted from the total cost.
When will contracts be issued? Once we have received the reservation form and fee we will instruct solicitors. The contract will be sent to the buyer once the money laundering and id checks have been done and client care letter has been signed and returned.

Property info

Market activity
Average price paid £157,927 Sales 223 Current average value £179,829 (Zoopla Zed-Index) Value change £6,989 ▲ 4.04%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £191,820 £128 3.8 -
Semi-detached £175,515 £232 2.7 £144,750
Terraced £169,516 £208 2.9 £167,000
Flats £180,550 £260 1.9 £157,711

Current asking prices in L3

Average: £154,578
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £140,000
(1)
£158,640
(5)
£125,000
(1)
- -
Flats £104,032
(399)
£198,844
(298)
£361,258
(51)
- -
All £104,122
(400)
£198,181
(303)
£356,715
(52)
- -

Current asking rents in L3

Average: £1,102 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £537 pcm
(9)
£892 pcm
(10)
£1,231 pcm
(3)
£907 pcm
(3)
£2,567 pcm
(5)
Flats £613 pcm
(74)
£932 pcm
(101)
£1,546 pcm
(22)
£2,279 pcm
(8)
£1,459 pcm
(4)
All £605 pcm
(83)
£928 pcm
(111)
£1,508 pcm
(25)
£1,905 pcm
(11)
£2,075 pcm
(9)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £371,275
Navigation Wharf £269,407
Wapping Quay £255,863
Coburg Wharf £249,557
South Ferry Quay £238,709
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 50.5%
Brook Street 43.8%
Burlington Street 31.0%
South Ferry Quay 30.8%
Rumford Place 29.1%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (516 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

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  • currently stars
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  • currently stars
  • 1
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  • 4
  • 5
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  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
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  • currently stars
  • 1
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  • 4
  • 5
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  • 1
  • 2
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  • 4
  • 5
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  • currently stars
  • 1
  • 2
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  • 4
  • 5

Nearby transport

  • Liverpool Lime Street (0.6 miles)
  • Liverpool Central (0.8 miles)
  • Moorfields (0.9 miles)
  • Liverpool John Lennon Airport (7.5 miles)
  • Blackpool International Airport (24.8 miles)
  • Manchester International Airport (29.0 miles)
  • Liverpool Pier Head Ferry Terminal (1.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.3 miles)
  • Seacombe Ferry Terminal (1.9 miles)

Nearby schools

View all schools in Liverpool
  • Faith Primary School (0.3 miles)
  • Millstead School (0.3 miles)
  • Holy Cross Catholic Primary School (0.6 miles)
  • The City of Liverpool College (0.7 miles)
  • Harmonize Academy AP Free School (1.0 mile)
  • LIPA Sixth Form College (1.1 miles)
  • North Liverpool Academy (0.6 miles)
  • Notre Dame Catholic College (0.8 miles)
  • Christian Fellowship School (1.1 miles)
Note: Distances are straight line measurements

Local info for Liverpool

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For more information about this property, please contact
Ashley Milton, W9 on +44 20 3463 2699 * (local rate)

Monthly running costs Beta

£513 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,500
Repayment term 25
Interest rate 1.5
Your payment £305 /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 £20 Electricity £26 Estimated energy cost £46/mo

Similar properties could save up to £176

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 Ashley Milton, and do not constitute property particulars. Please contact Ashley Milton 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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