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Property Listing Details

Studio for sale

Norton, Liverpool L3

  • New home

£72,500

(£499/sq. ft)

Features

  • 1 bathroom
  • floor area145 sq. ft
  • Leasehold

Description

Natex is a 566 unit student scheme with two blocks of 10 and 16 storeys comprising 472 clusters and 94 studio apartments.

The scheme is located in the heart of Liverpool and is a 5 minute walk from the University of Liverpool and Liverpool
John Moores University. Strong demand expected from all students, especially postgraduates and overseas students.

Natex offers a variety of accommodation units, from cluster bedrooms to studios, offering choice for post graduate and older students, at a variety of price points

The plans to invest £1bn to expand Liverpool's Knowledge Quarter is to create a 1.8million sq ft science, health and technology hub, attracting world class companies and reinforcing
Liverpool's reputation as a global leader in medicine and technology. The expansion of the Knowledge Quarter is expected to be a major draw for international students with The University
of Liverpool already having over 34% international students compared to a UK average of 25%.

The main entrance to the development is located in the link between the two blocks. Block B will house most of the communal areas, student lobby, communal living room, games areas, gym, as well as reception staff office, WC/changing rooms and a refuse store. Block B will provide a welcoming entrance to the development and an active frontage to Norton Street. In addition
to the communal B will include some studio accommodation.

Block A includes a communal dining room, meeting facilities, laundry room, a refuse store for the student accommodation, plant room, sub-station and some studio accommodation to the rear.

In the middle of the development volumes, there is a private communal courtyard for the socialization and the leisure of the students and
residents.

Once complete in 2020 the project will be managed by the market leader in student accommodation rental's crm.

Investment Highlights:

Ensuite's starting from £67,950
Studio's starting from £79,950
4% interest on deposits during construction
9% Net rental return for 5 years
Managed by the leading student accommodation management company, crm

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Pleasant Street Primary School 0.4 miles
  • Holy Cross Catholic Primary School 0.4 miles
  • Liverpool Lime Street 0.2 miles
  • Liverpool Central 0.4 miles

Price history

Sold prices provided by Land Registry
15th Mar 2018 £72,500 First listed

Running costs

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Property descriptions and related information displayed on this page are marketing materials provided by Royal Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Royal Properties for full details and further information.