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1 bed flat for sale

£80,950

Fabric District Residence, 33 Devon Street, Liverpool L3

1 1

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Property features

  • High Quality Fittings
  • 25.0 sqm – 57.4 sqm
  • Floor to Ceiling Windows
  • Free High Spec Furniture Pack Included
  • High Speed Wi-Fi Internet in All Rooms
  • One Site Management

Property description

Fabric District Residence

For Investment Purposes Only – No Help to Buy Scheme Available

Fabric District Residence is the latest residential development by ypg Developments and is located in the heart of Liverpool’s up and coming Fabric District and next to the new £335 Million Royal University Hospital.

Fabric District Residence will consist of 208 fully managed studio and micro apartments, spread over 9 floors, to cater for the increasing demand for high quality residential property in Liverpool.

All apartments are furnished to the highest standard, with floor to ceiling windows and a free high spec furniture pack included. The development will offer residents the very best of city living at an affordable price – while giving investors 8% Net Rental Return.

The Islington Stakeholders Group (isg) are eager to see what they feel has been a largely forgotten part of the Knowledge Quarter reach its full potential. The vision is for the Fabric District to become a thriving mixed use destination, where start ups can work alongside established family businesses and people of all ages can live and enjoy an eclectic mix of shops, bars, restaurants and public art.

Investment Overview

• Prices from £75,950
• 8% Net Rental Return
• Liverpool City Centre
• In the Up and Coming Fabric District
• 208 Fully Managed Studio and Micro Apartments

Why Invest in Liverpool?

Liverpool is a world class city steeped in history and culture, with more museums and galleries than anywhere outside of London. With an ambitious range of urban regeneration initiatives providing a catalyst for change, Liverpool is playing a leading role in the Northern Powerhouse.

Consequently, the city has now become one of the nation’s leading property investment markets with buy to let properties in Liverpool proving more and more popular with investors due to low property prices and consistently high rental yields.

Now, developments such as the £5.6 billion Liverpool Waters and the £400 million Liverpool2 port expansion are providing a huge boost to the local economy and are consequently creating a magnet for national and overseas investment. Figures published by the Office for National Statistics showed that Merseyside experienced an economic growth rate of 3.1% in 2016, faster than any similar major city region in the country.

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 £156,633 Sales 214 Current average value £183,436 (Zoopla Zed-Index) Value change £9,551 ▲ 5.49%

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: £149,875
Avg. current asking prices in L3
Property 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 £113,649
(577)
£199,536
(447)
£317,981
(58)
- -
All £113,594
(579)
£199,521
(452)
£321,295
(64)
£152,475
(2)
-

Current asking rents in L3

Average: £995 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £488 pcm
(7)
£879 pcm
(9)
£1,265 pcm
(3)
£1,907 pcm
(2)
£2,653 pcm
(3)
Flats £649 pcm
(88)
£907 pcm
(168)
£1,434 pcm
(21)
£2,008 pcm
(8)
£1,751 pcm
(6)
All £637 pcm
(95)
£906 pcm
(177)
£1,413 pcm
(24)
£1,988 pcm
(10)
£2,052 pcm
(9)

Fun facts for L3

Highest value in 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 in L3
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

Overall rating:

  • currently 4 stars
Very good - 84% (548 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.
Please note your vote will only be counted once.

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 (0.4 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)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L3

AskMe Q&A for Liverpool

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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

£499 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,095
Repayment term 25
Interest rate 1.5
Your payment £291 /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 £18 Electricity £28 Estimated energy cost £46/mo

Similar properties could save up to £184

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.

Contact RW Invest Liverpool about this property

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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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