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1 bed flat for sale

£115,000

The Residence Apartments, 8 Water Street, Liverpool L2

1 1

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Interested in this property? Call +44 151 382 7657 * or Request Details

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Property features

  • 7% Net Yield Assured for 3 Years
  • Excellent City Centre Business District Location
  • Rooftop Gardens with Stunning Views
  • Gym and Optional Parking on Site
  • Building security and reception
  • Large Studio, 1 bed and 2 bed Apartments from £110,000

Property description

The Residence Apartments

For Investment Purposes Only – 50% Deposit Required

We are delighted to announce the launch of one of Liverpool’s most ambitious and striking residential developments, The Residence at 8 Water Street. The scheme consists of 96 individual residential units split into 1 bedroom and 2 bedroom apartments. The developer is offering a 2 year rental guarantee on all unit sizes.

Outside spaces are available to residents on the second and fifth floor in the form of a modern roof garden providing stunning rooftop views of the city. Redevelopment works include a complete overhaul of the building’s façade, the installation of feature lighting throughout and, subject to planning, the addition of two further floors. The building will retain its unique porthole styling in line with the architect’s original contemporary and minimalist vision. The development is perfectly suited for tenants looking to live in the city’s thriving business district whilst benefiting from close proximity to the historic waterfront, Liverpool One shopping centre, some of the city’s best bars and restaurants and most importantly, the city’s biggest multinational employers.

The development offers the best high-end accommodation in the area along with a fantastic location, thereby appealing to tenants who are looking for quality apartments and are willing to pay for it. Based on the city’s strong demand for private rented accommodation we anticipate extremely high demand from culturally-aware young professionals in the city centre.

The apartments at 8 Water Street will represent an “affordable luxury” proposition to prospective tenants and purchasers. Both the one bedroom and two bedroom apartments provide ample living space with large combined kitchen and living rooms, well-appointed bathrooms and spacious bedrooms. The design scheme consists of white, beige and light tones creating an airy atmosphere. In addition, polished oak flooring and panelling will be used throughout each apartment further reinforcing the luxury specification. The unique “porthole” style windows give the apartments a unique look and feel. Each kitchen will include handmade units finished in high gloss cream, along with fully integrated appliances including a microwave, a fridge/freezer, ceramic hobs and a stainless steel extractor fan.

The open plan layout of the kitchen is further enhanced by feature lighting above and below the wall units. Each bathroom will be fully fitted with white bathroom suites including chrome taps and mixers. Large shower enclosures will be another key feature along with large full-length vanity mirrors, chrome plated towel rings and low voltage shaver sockets. LED mood lighting will further add to the high-end feel of the apartment. The main objective is to create a highly desirable living space with modern styling and high quality fixtures and fittings.

To Receive a Free Financial Forma Register Below or Call Us Today!

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities. RWinvest is one of the leading UK property investment companies. We have connected with over 25,000 previous investors and have secured high yield investment deals with guaranteed returns for our customers across the UK and abroad.

Investment Overview

1. Liverpool City Centre Location
2. 7% assured rental income for 3 years
3. Rooftop Gardens with Stunning Views
4. Experienced Management Company
5. Prices from £110,000

About Liverpool

Liverpool’s bar, restaurant and hotel industry is booming, with new figures showing that restaurants and cafes in Liverpool increased by 17.1% over the last five years, trumping London’s 13.4%. The same increase has been seen with bars and pubs increasing by the same percentage compared to just 1.3% in Manchester. Residents of 8 Water Street are right in the heart of the city’s commercial district, where some of the most dynamic new bars and restaurants are being opened. Just down the road at 4 Water Street, Martin’s Building is being turned into Liverpool’s first five-star hotel. The £50m development project will create a luxury hotel featuring 227 luxury rooms, a high-end spa and amazing fine dining facilities.

For More Information Call Us Today or Register Below for an Info Pack


Floorplan(s): Floorplan 1

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Market activity
Average price paid £138,586 Sales 44 Current average value £163,012 (Zoopla Zed-Index) Value change -£1,538 ▼ -0.94%

Property value data/graphs for L2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached - - 4.3 -
Semi-detached - - - -
Terraced - - - -
Flats £162,746 £224 1.8 £138,586

Current asking prices in L2

Average: £136,507
Avg. current asking prices in L2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £117,221
(158)
£166,317
(131)
- - -
All £117,221
(158)
£166,317
(131)
- - -

Current asking rents in L2

Average: £805 pcm
Avg. current asking prices in L2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £598 pcm
(1)
£949 pcm
(1)
- - -
Flats £691 pcm
(35)
£963 pcm
(32)
£1,477 pcm
(4)
- -
All £689 pcm
(36)
£962 pcm
(33)
£1,476 pcm
(4)
- -

Fun facts for L2

Highest value in L2
Highest value streets Zed-Index
Victoria Street £211,745
Tithebarn Street £183,888
Cheapside £176,049
The Strand £174,140
Exchange Street East £162,771
Highest turnover in L2
Highest turnover streets Turnover
The Strand 47.0%
Exchange Street East 29.0%
Temple Lane 27.8%
Cheapside 19.9%
Brunswick Street 15.4%

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

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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 James Street (0.1 miles)
  • Moorfields (0.2 miles)
  • Liverpool Central (0.6 miles)
  • Liverpool John Lennon Airport (7.8 miles)
  • Blackpool International Airport (25.3 miles)
  • Manchester International Airport (29.9 miles)
  • Liverpool Pier Head Ferry Terminal (0.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (0.2 miles)
  • Seacombe Ferry Terminal (1.0 mile)

Nearby schools

View all schools in Liverpool
  • Holy Cross Catholic Primary School (0.5 miles)
  • St Vincent de Paul Catholic Primary School (0.7 miles)
  • Pleasant Street Primary School (0.8 miles)
  • LIPA Sixth Form College (1.0 mile)
  • Harmonize Academy AP Free School (2.0 miles)
  • Everton Free School (2.4 miles)
  • Notre Dame Catholic College (1.4 miles)
  • North Liverpool Academy (1.6 miles)
  • Archbishop Blanch School (2.1 miles)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L2

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For more information about this property, please contact
RW Invest Liverpool, L1 on +44 151 382 7657 * (local rate)

Monthly running costs Beta

£625 Monthly total

Mortgage

Purchase price
Deposit (10%) 11,500
Repayment term 25
Interest rate 1.5
Your payment £413 /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 B Council tax cost £136 /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 RW Invest Liverpool, and do not constitute property particulars. Please contact RW Invest Liverpool 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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