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Studio for sale

£85,000 (£249/sq. ft) From

Edgar Street, Liverpool L3

1 1 341 sq. ft*
Interested in this property? Call +44 113 482 9929 * or Request Details

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

Property features

  • Prime central location in Liverpool
  • Experienced developer
  • Secure, underground car parking with lift access
  • Projected 6% net yield (after agency fees)
  • Thermally efficient development
  • High-end on-site gym
  • Laundry facilities for added convenience
  • 24/7 Reception and Concierge service
  • Spacious communal courtyard and roof garden for socialising and entertaining
  • On-site bicycle storage

Property description

The opportunity The development we have to offer is an unrivalled, well designed residential development consisting of studio, one and two-bedroom apartments at the northern edge of Liverpool city centre.

There are three major regeneration projects in the vicinity and the location is fast becoming recognised as one of Liverpool's most desirable areas for capital growth prospects.

Prices start from £85,000; offering gross yields of 8% and net yields of 6%+ after letting agent management fees!

We expect the apartments to let for:
Studio: £650 pcm
One-bedroom: £800-900 pcm
Two-bedroom: £950-1,200 pcm

Service charge is estimated at £2 per sq ft and the Ground Rent is £300 pa.

The Liverpool City Region economy is leading the Northern Powerhouse area in terms of both gva growth per capita and overall gva growth. Liverpool's largely service-based economy was worth £29.5 billion in 2015 alone and Liverpool city region employment rate saw a growth of 0.8% compared to a growth rate for England of 0.5%.

Invest in liverpool In January 2017, Prime Minister Theresa May announced a newly-allocated cash injection of £556m for the Northern Powerhouse. It followed the 2014 announcement from UK Chancellor of the Exchequer George Osborne of £7 billion of investment for the business, culture and infrastructure of the North of England. Liverpool is central to the success of the Northern Powerhouse initiative.

Merseyside's economy grew faster than that of any other similar major city region in Britain in 2015, including London and Liverpool is joint second in the ranking of the top ten mid-sized European cities of the future 2016/17.

Returns & reservation Enquire with North Property Group on or at to request the full sales brochure and availability.

£5000 reservation fee
30% upon exchange
70% upon completion

These units are being sold now! Do not wait else you will miss out on the best available units.

Enquire today for the full brochure and availability.

The development The scheme will deliver brand new homes built to a quality and specification only usually found in major global capital cities. These apartments will stand above the competition and be a welcome addition to Liverpool's thriving housing market.

Their location in the sought-after area to the north of the city centre is not only well thought out in terms of residents' access to the city centre, but is also designed to take advantage of current and future regeneration work in and around that area. It is rapidly becoming one of the most desirable investment locations in Liverpool.

The prime position is 1.1 miles from the 125-acre Ten Streets regeneration project, which is set to create some 2,500 jobs, as well as being close to the £150m Great Homer Street regeneration scheme (known as the Jennifer Project), with its flagship new Sainsbury's superstore and extensive retail offering.

The apartments will offer bright, contemporary living facilities that blend spacious, private accommodation with well-designed communal areas and amenities. Impressive views complement modern interiors, designed to offer both comfort and contemporary appeal to urban residents.

Photos Our photos are used for illustrative purposes only and are not indicative CGIs or a representation of the finished product.

Please enquire for a detailed brochure.

Property info

Floorplan(s): Floorplan 1

View original

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: £147,778
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
(534)
£201,234
(404)
£349,487
(44)
- -
All £111,370
(535)
£201,003
(408)
£345,053
(46)
- -

Current asking rents in L3

Average: £910 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 £678 pcm
(116)
£907 pcm
(225)
£1,522 pcm
(25)
£1,935 pcm
(8)
£1,123 pcm
(4)
All £668 pcm
(122)
£904 pcm
(229)
£1,515 pcm
(27)
£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.
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

  • Moorfields (0.5 miles)
  • Liverpool Lime Street (0.5 miles)
  • Liverpool Central (0.7 miles)
  • Liverpool John Lennon Airport (7.8 miles)
  • Blackpool International Airport (24.8 miles)
  • Manchester International Airport (29.5 miles)
  • Liverpool Pier Head Ferry Terminal (0.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (0.8 miles)
  • Seacombe Ferry Terminal (1.4 miles)

Nearby schools

View all schools in Liverpool
  • Holy Cross Catholic Primary School (0.1 miles)
  • The Trinity Catholic Primary School (0.4 miles)
  • Faith Primary School (0.4 miles)
  • LIPA Sixth Form College (1.1 miles)
  • Harmonize Academy AP Free School (1.5 miles)
  • Everton Free School (1.7 miles)
  • Notre Dame Catholic College (0.8 miles)
  • North Liverpool Academy (0.9 miles)
  • The Academy of St Francis of Assisi (1.6 miles)
Note: Distances are straight line measurements

Local info for Liverpool

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
North Property Group Ltd, LS2 on +44 113 482 9929 * (local rate)

Monthly running costs Beta

£498 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,500
Repayment term 25
Interest rate 1.5
Your payment £305 /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.

Contact North Property Group Ltd 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 North Property Group Ltd, and do not constitute property particulars. Please contact North Property Group 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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