1 bed flat for sale

£80,000

Liverpool Student Investment, 76-78 Norfolk Street, Liverpool L1

1 1

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 3641 4564 * or

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

Property features

  • 10% net rental income assured for 3 years
  • Ideal city centre location in Liverpool’s creative hub
  • Minutes from both major universities
  • Managed on-site by Golden Estates
  • Prices from £59,950

Property description

Why Norfolk House

Investment Purchase ----- No Help to Buy Scheme Available

Norfolk House, due for completion in January 2017, is a student development of self-contained studios. It’s located in the Baltic Triangle, one of the city’s trendiest and most creative areas – which is in high demand among students.

Due to this demand, investors will benefit from 10% guaranteed net rental income for 3 years. After year 3, the projected annual net return is conservatively estimated at 11%.

The property will have facilities such as games and cinema rooms, visitor parking, a fully equipped gym, roof terrace and manned reception. Combined with its popular location, these will make it a sought-after residence for Liverpool’s students.

Investment Overview

1. 10% net rental income assured for 3 years
2. Ideal city centre location in Liverpool’s creative hub
3. Minutes from both major universities
4. Managed on-site by Golden Estates
5. Prices from £59,950

Why Liverpool

Liverpool continues to grow and attract investment – more than £5 billion in the last decade.

The scale and quality of Liverpool’s transformation has been of international significance, and it’s continuing at a rapid pace. With nearly 70,000 full-time students, and tenant demand projected to increase due to extensive regeneration, now’s the time to invest in this booming Merseyside city.

For more information on this investment opportunity, call us on . You can also register using the form below and we’ll send you an info pack.

For More Information Call Us Today or Register Below for an Info Pack
Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £126,010 Sales 131 Current average value £148,374 (Zoopla Zed-Index) Value change £8,134 ▲ 5.80%

Property value data/graphs for L1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £166,251 - 2.2 -
Semi-detached £167,923 £228 3.2 -
Terraced £312,210 £289 3.9 £254,233
Flats £143,795 £216 1.8 £119,855

Current asking prices in L1

Average: £118,269
Avg. current asking prices in L1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £59,667
(3) 		- - - £650,000
(1)
Flats £98,003
(290) 		£169,650
(91) 		£217,081
(8) 		- -
All £97,611
(293) 		£169,650
(91) 		£217,081
(8) 		- £650,000
(1)

Current asking rents in L1

Average: £992 pcm
Avg. current asking prices in L1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £458 pcm
(12) 		£724 pcm
(2) 		- - £1,950 pcm
(2)
Flats £628 pcm
(74) 		£836 pcm
(75) 		£1,247 pcm
(14) 		£2,266 pcm
(2) 		£2,349 pcm
(1)
All £604 pcm
(86) 		£833 pcm
(77) 		£1,247 pcm
(14) 		£2,266 pcm
(2) 		£2,083 pcm
(3)

Fun facts for L1

Highest value in L1
Highest value streets Zed-Index
Mount Street £405,361
Hope Street £297,905
Knight Street £247,786
Rodney Street £246,456
Hurst Street £190,763
Highest turnover in L1
Highest turnover streets Turnover
Crosshall Street 31.7%
Dukes Terrace 29.6%
Mount Street 25.0%
Cornwallis Street 24.6%
Preston Street 22.2%

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 Central (0.7 miles)
  • Liverpool James Street (0.8 miles)
  • Liverpool Lime Street (0.9 miles)
  • Liverpool John Lennon Airport (7.0 miles)
  • Blackpool International Airport (26.1 miles)
  • Manchester International Airport (29.4 miles)
  • Liverpool Pier Head Ferry Terminal (0.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.0 mile)
  • Woodside Birkenhead Ferry Terminal (1.1 miles)

Nearby schools

View all schools in Liverpool
  • St Vincent de Paul Catholic Primary School (0.3 miles)
  • LIPA Primary School (0.4 miles)
  • St Patrick's Catholic Primary School (0.5 miles)
  • LIPA Sixth Form College (0.5 miles)
  • Harmonize Academy AP Free School (1.9 miles)
  • Birkenhead Sixth Form College (3.0 miles)
  • The Belvedere Academy (1.3 miles)
  • King's Leadership Academy, Liverpool (1.6 miles)
  • Bellerive FCJ Catholic College (1.6 miles)
Note: Distances are straight line measurements

Local info for Liverpool

About the neighbours in L1

AskMe Q&A for Liverpool

Ask a question

See all AskMe Q&A in Liverpool

For more information about this property, please contact
RW Invest London, WC1X on +44 20 3641 4564 * (local rate)

Monthly running costs Beta

£499 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,000
Repayment term 25
Interest rate 1.5
Your payment £287 /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 £21/mo (£255/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 London about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  6. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RW Invest London, and do not constitute property particulars. Please contact RW Invest London 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.

Properties on the market nearby

266 more properties like this

View all Queens Dock Commercial Centre new homes for sale