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Studio for sale

£88,000 (£245/sq. ft)

Edgar, Liverpool L3

1 359 sq. ft*
Interested in this property? Call +44 161 506 9706 * or Request Details

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

Property description

We are delighted to offer for sale The Tannery, an unrivalled, thoughtfully designed residential development consisting of studio, one and two-bedroom apartments at the northern edge of Liverpool city centre. The ground-breaking development will provide a total of 106 studio apartments, 136 one bedroom apartments and 139 two-bedroom apartments to Liverpool's thriving housing market.

These iconic residences in the heart of Liverpool offer a quality and specification synonymous with the world's greatest capital cities. The Tannery represents a new era for Liverpool's property market. The ground floor features large communal areas and recreational spaces, including an outstanding courtyard space that's perfect for socialising, as well as a top of the range gym. The communal roof garden offers exceptional city views and is a space to enjoy at any time of day or night. Laundry facilities are provided close to stair cores, while secure bicycle parking and underground car parking are also available on site. The one and two-bedroom apartments also include a dishwasher and washer/dryer.

The Tannery is ideally positioned for residents seeking to benefit from Liverpool's cultural offering. The World Museum, Central Library and St George's all are all within half a mile of the development, while the Liverpool Empire and Liverpool one shopping centre are just a mile away.

Highlights:

 6% net Return and 7% Gross paid for 3 years
 24/7 Reception and Concierge service
 Premium L3 postcode location for professionals and families
 Spacious communal courtyard and roof garden for socialising and entertaining
 Thermally efficient development - making the most of modern technology
 Secure underground car parking with lift access
 On-site bicycle storage
 Laundry facilities for added convenience
 High-end on-site gym
 Hard and soft landscaped areas for outstanding elegance and serenity
 Superb location for access to Liverpool's most famous attractions
 Furniture Packs Available
 Already sold 260 units so far on the Tannery development
 Blocks A & C have sold out.
 They are now offering 5% on deposits throughout the entire construction period

Studio Apartments
31.7M2(341 sq ft) - 35.5M2(382 sq ft)
£85,000 - £108,000

1 Bed Apartments
37.1M2(399 sq ft) - 47.1M2(507 sq ft)
£129,000 - £161,000

2 Bed Apartments
57.8M2(622 sq ft) - 68.1M2(733 sq ft)
£179,000 - £208,000

Payment Plan

£5000 reservation fee
30% exchange
70% completion
Market activity
Average price paid £160,061 Sales 238 Current average value £186,375 (Zoopla Zed-Index) Value change £5,942 ▲ 3.29%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £200,140 £133 3.8 £196,000
Semi-detached £180,159 £245 2.7 £236,000
Terraced £175,813 £219 2.9 £199,700
Flats £187,149 £273 1.9 £157,465

Current asking prices in L3

Average: £149,548
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £85,000
(1)
£192,243
(7)
£455,000
(4)
£139,950
(1)
-
Flats £112,462
(528)
£198,709
(407)
£351,232
(45)
- -
All £112,410
(529)
£198,600
(414)
£359,703
(49)
£139,950
(1)
-

Current asking rents in L3

Average: £875 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £504 pcm
(9)
£847 pcm
(5)
£1,495 pcm
(1)
£1,554 pcm
(2)
£498 pcm
(1)
Flats £672 pcm
(114)
£877 pcm
(219)
£1,412 pcm
(21)
£1,931 pcm
(7)
£528 pcm
(4)
All £660 pcm
(123)
£877 pcm
(224)
£1,416 pcm
(22)
£1,847 pcm
(9)
£522 pcm
(5)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £385,884
Navigation Wharf £279,282
Wapping Quay £265,920
Coburg Wharf £258,950
Water Street £248,829
Highest turnover in L3
Highest turnover streets Turnover
Lace Street 50.5%
Brook Street 41.3%
South Ferry Quay 31.6%
Burlington Street 31.0%
Rumford Place 29.7%

What Zoopla users think of Liverpool

Overall rating:

  • currently 4 stars
Very good - 84% (556 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
Royal Properties, M7 on +44 161 506 9706 * (local rate)

Monthly running costs Beta

£524 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,800
Repayment term 25
Interest rate 1.5
Your payment £316 /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 (£202/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 £19 Electricity £27 Estimated energy cost £46/mo

Similar properties could save up to £209

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 Royal Properties 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 Royal Properties, and do not constitute property particulars. Please contact Royal Properties 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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