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1 bed flat for sale

£56,000 (£531/sq. ft) Fixed price

London Road, Liverpool L3

1 1 105 sq. ft*
Interested in this property? Call +44 161 506 9750 * or Request Details

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

Property description

Just a short walk away from the University of Liverpool, and minutes from the main shops, bars and restaurants of the city centre; Arndale House has proven to be one of Liverpool's most successful student developments since it's launch four years ago. This ensuite student unit offers investors an opportunity to capitalise on the huge demand for high quality student accommodation in the city centre.

This ensuite cluster style unit also benefits from a spacious open plan dining area and lounge, which is shared with four other ensuite apartments within the cluster. In recent years, this cluster style unit has proven hugely popular with students seeking to benefit from both the privacy of their own, combined with a spacious communal area.

Arndale House - Investment Highlights
Fully tenanted since launch
Assured quarterly rental until May 2018
Receive assured £999.00 net per quarter
7.1% net yield assured
Up to 8% net yield being achieved
Two apartments come with private garden area
Leading student management company in place
Less than five minutes walk to University of Liverpool
Over 55,000 students in Liverpool
High standard of finishing throughout

Liverpool is widely acknowledged as being one of the uk's leading student destinations. Home to the Russell Group Accredited University of Liverpool, the city is also home to John Moores University and Liverpool Hope University. As such, demand for student accommodation within the city centre is at an all time high, as increasing numbers of overseas students add to the demand for purpose built student accommodation in the city.
Market activity
Average price paid £157,514 Sales 235 Current average value £174,006 (Zoopla Zed-Index) Value change -£2,730 ▼ -1.54%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £186,965 £125 3.8 £196,000
Semi-detached £169,459 £221 2.7 £173,000
Terraced £164,107 £204 2.9 £199,700
Flats £174,680 £253 1.9 £154,958

Current asking prices in L3

Average: £147,534
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £85,000
(1)
£177,675
(4)
£247,500
(2)
- -
Flats £111,420
(531)
£201,171
(400)
£355,669
(41)
- -
All £111,371
(532)
£200,939
(404)
£350,638
(43)
- -

Current asking rents in L3

Average: £908 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £477 pcm
(6)
£743 pcm
(4)
£1,424 pcm
(2)
£1,554 pcm
(2)
£477 pcm
(1)
Flats £677 pcm
(114)
£909 pcm
(229)
£1,535 pcm
(24)
£1,935 pcm
(8)
£1,123 pcm
(4)
All £667 pcm
(120)
£907 pcm
(233)
£1,527 pcm
(26)
£1,859 pcm
(10)
£994 pcm
(5)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £360,305
Navigation Wharf £261,350
Wapping Quay £249,610
Coburg Wharf £242,348
Water Street £232,213
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 50.5%
Brook Street 38.0%
South Ferry Quay 32.5%
Burlington Street 31.0%
Rumford Place 29.7%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (567 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.
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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 (0.2 miles)
  • Liverpool Central (0.4 miles)
  • Moorfields (0.7 miles)
  • Liverpool John Lennon Airport (7.3 miles)
  • Blackpool International Airport (25.1 miles)
  • Manchester International Airport (29.1 miles)
  • Liverpool Pier Head Ferry Terminal (1.0 mile)
  • Liverpool Isle of Man & Dublin Terminal (1.1 miles)
  • Seacombe Ferry Terminal (1.8 miles)

Nearby schools

View all schools in Liverpool
  • Pleasant Street Primary School (0.4 miles)
  • St Nicholas's Catholic Primary School (0.4 miles)
  • Holy Cross Catholic Primary School (0.5 miles)
  • LIPA Sixth Form College (0.7 miles)
  • Harmonize Academy AP Free School (1.1 miles)
  • Everton Free School (2.0 miles)
  • North Liverpool Academy (1.0 mile)
  • Notre Dame Catholic College (1.1 miles)
  • The Academy of St Francis of Assisi (1.3 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
Hopwood House Ltd, M34 on +44 161 506 9750 * (local rate)

Monthly running costs Beta

£394 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,600
Repayment term 25
Interest rate 1.5
Your payment £201 /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.

Energy

Gas £20 Electricity £28 Estimated energy cost £48/mo

Similar properties could save up to £196

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 Hopwood House Ltd, and do not constitute property particulars. Please contact Hopwood House Ltd 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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