1 bed flat for sale
Devon Street, Liverpool L3
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Property features
- Central heating
- Disabled features
- Double glazing
- 8% Assured Net rental return for 3yrs - £5240 net rental for 3yrs
- Investment Opportunity - fully managed
- No Stamp duty payable on this investment.
- Walking Distance to the 4 Major Universities
- Experiance management company
Property description
For Investment Purposes Only ; No Help to Buy Scheme Available
One Islington Plaza is the latest student investment opportunity in Liverpool. Phase 1 of One Islington Plaza in Liverpools £1 billion Knowledge Quarter. This brand new student residence will offer the highest quality of student living in the heart of Liverpools student district. Spread over 9 floors the development will offer 317 studio and en suite clusters, starting at £62,995 with an 8% assured net rental return for 3 years. The developer has signed up the UKs leading rental agent, Urban Student Life, who will be managing the development from completion. The development will include a wealth of facilities including a games room with ping pong, foosball, pool tables and games stations. There will also be a cinema room, laundry facilities, cycle storage and a gymnasium for residents exclusive use.
Further to this there will be an onsite Crosby coffee shop offering grab and go options.
Student Investment Overview
• Phase 1 Prices from £61,995
• 8% Assured Net Rental Return for 3 Years
• Located 100m from the University of Liverpool
• Wealth of Facilities
• Leading Student Rental Agent
• Walking Distance to the 4 Major Universities
• Located Near to Royal Liverpool University Hospital
Features
• Crosby Coffee Café
• On-site retail space
• Cinema room
• Fully equipped gymnasium
• Games room
• Communal kitchens
• Break-out social and study areas
• Laundry room
• Cycle storage
• 24-hour reception and security
Knowledge Quarter £1 Billion Investment
The Knowledge Quarter is the area Liverpool City Council is developing as an academic hub. Its already home to the University of Liverpool, Liverpool School of Tropical Medicine, Royal Liverpool University Hospital, Liverpool Hope University and Liverpool John Moores University.
This enormous project is called Paddington Village, and it will cover 30 acres behind Royal Liverpool University Hospital.
The development plans are ambitious, to say the least. There will be an array of new houses, businesses, conference space, laboratories and academic buildings, and theres also talk of a skyscraper and a train station.
Knowledge Quarter ceo Colin Sinclair told the Liverpool Echo that thousands of new jobs could be created via Paddington Village.
This is a landmark, a historic moment in the future of Liverpool…When that kind of investment is being made, you can really say to any investor from around the globe that Liverpool is a city of opportunity.
It;s a steep change. Were not dabbling around the edges here. Were trying to create something that is lasting for the city.
Phase 1 of Paddington Village is likely to begin in 2017.
Property value data/graphs for L3
Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
---|---|---|---|---|
Detached | £203,626 | £131 | 3.8 | - |
Semi-detached | £178,182 | £239 | 2.7 | £122,000 |
Terraced | £172,921 | £212 | 2.9 | £184,450 |
Flats | £184,161 | £266 | 1.9 | £155,015 |
Current asking prices in L3
Average: £149,709Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£97,500 (2) |
£198,140 (5) |
£353,333 (6) |
£152,475 (2) |
- |
Flats |
£113,826 (578) |
£198,928 (451) |
£315,812 (59) |
- | - |
All |
£113,769 (580) |
£198,919 (456) |
£319,275 (65) |
£152,475 (2) |
- |
Current asking rents in L3
Average: £1,002 pcmProperty type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£488 pcm (7) |
£879 pcm (9) |
£1,298 pcm (2) |
£1,671 pcm (3) |
£2,653 pcm (3) |
Flats |
£650 pcm (91) |
£909 pcm (165) |
£1,511 pcm (22) |
£2,023 pcm (7) |
£1,751 pcm (6) |
All |
£638 pcm (98) |
£908 pcm (174) |
£1,494 pcm (24) |
£1,918 pcm (10) |
£2,052 pcm (9) |
Fun facts for L3
Highest value streets | Zed-Index |
---|---|
Albert Dock | £379,811 |
Navigation Wharf | £275,301 |
Wapping Quay | £261,489 |
Coburg Wharf | £255,219 |
South Ferry Quay | £243,484 |
Highest turnover streets | Turnover |
---|---|
Lace Street | 50.5% |
Brook Street | 43.0% |
Burlington Street | 31.0% |
South Ferry Quay | 30.8% |
Rumford Place | 29.7% |
What Zoopla users think of Liverpool
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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)
- LIPA Sixth Form College (0.8 miles)
- Harmonize Academy AP Free School (1.0 mile)
- Everton Free School (1.8 miles)
- North Liverpool Academy (0.9 miles)
- Notre Dame Catholic College (1.0 mile)
- The Academy of St Francis of Assisi (1.1 miles)
Local info for Liverpool
About the neighbours in L3
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* Sizes listed are approximations. Please contact the agent to verify actual sizes.
For more information about this property, please contact
Links Investment Property Network, BB3 on +44 1254 789932 * (local rate)
Monthly running costs Beta
Mortgage
In association withThese 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)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 £18 Electricity £28 Estimated energy cost £46/moSimilar properties could save up to £184
How Much Could I Save?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 /mowhen paid over 10 months
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 /moWater 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.
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Links Investment Property Network, and do not constitute property particulars. Please contact Links Investment Property Network 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.