Studio for sale

£62,500

Norton Street, Liverpool L3

1
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Property description

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. Complemented with a range of facilities including: Residents gym, reception, meeting room, laundry facilities, café, communal courtyard, Student lobby, TV lounge, games areas, 24 hour CCTV and high speed WiFi.

• Comprising of en-suites, studios and deluxe studio apartments
• En-suites from only £62,500
• Annual assured return 9% net p.A.
• Assure for 5 years
• Annual yields starting from £5,625 p.A
• 4% interest on deposited funds
• Fully let & managed by experienced letting agency
• 250 years leasehold

Why Liverpool?

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
students. Liverpool is home to three higher education institutions: University of Liverpool, Liverpool John Moores University
and Liverpool Hope University. Together they have a full time student population of 42,500 students.
One of the major cities in the UK, and home to nearly half a million residents, Liverpool now lies at the heart of the
2nd round of economic investment from the UK Government’s Northern Powerhouse Scheme, deeming it as one of the hottest investment
locations in the country. With severe housing shortage of 40,000 homes in the city centre and a growing population, Liverpool presents the
perfect investment landscape and was voted by Totally Money 2017 as the hottest UK location for buy to let property.
Market activity
Average price paid £156,633 Sales 214 Current average value £183,433 (Zoopla Zed-Index) Value change £9,523 ▲ 5.48%

Property value data/graphs for L3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £203,628 £131 3.8 -
Semi-detached £178,269 £239 2.7 £122,000
Terraced £173,092 £210 2.9 £184,450
Flats £184,146 £266 1.9 £155,015

Current asking prices in L3

Average: £150,904
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 £113,165
(525) 		£202,177
(400) 		£336,958
(50) 		£239,950
(1) 		-
All £113,106
(527) 		£202,127
(405) 		£338,712
(56) 		£181,633
(3) 		-

Current asking rents in L3

Average: £955 pcm
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £546 pcm
(8) 		£879 pcm
(9) 		£1,298 pcm
(2) 		£1,195 pcm
(3) 		£2,653 pcm
(3)
Flats £643 pcm
(95) 		£905 pcm
(172) 		£1,510 pcm
(22) 		£2,023 pcm
(7) 		£1,110 pcm
(6)
All £636 pcm
(103) 		£903 pcm
(181) 		£1,492 pcm
(24) 		£1,774 pcm
(10) 		£1,624 pcm
(9)

Fun facts for L3

Highest value in L3
Highest value streets Zed-Index
Albert Dock £379,715
Navigation Wharf £275,514
Wapping Quay £261,550
Coburg Wharf £255,169
South Ferry Quay £243,495
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% (549 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 (0.2 miles)
  • Liverpool Central (0.4 miles)
  • Moorfields (0.6 miles)
  • Liverpool John Lennon Airport (7.4 miles)
  • Blackpool International Airport (25.1 miles)
  • Manchester International Airport (29.1 miles)
  • Liverpool Pier Head Ferry Terminal (0.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (1.0 mile)
  • Seacombe Ferry Terminal (1.7 miles)

Nearby schools

View all schools in Liverpool
  • Pleasant Street Primary School (0.4 miles)
  • Holy Cross Catholic Primary School (0.4 miles)
  • St Nicholas's Catholic Primary School (0.5 miles)
  • LIPA Sixth Form College (0.8 miles)
  • Harmonize Academy AP Free School (1.2 miles)
  • Everton Free School (1.9 miles)
  • North Liverpool Academy (1.0 mile)
  • Notre Dame Catholic College (1.1 miles)
  • The Academy of St Francis of Assisi (1.4 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
Real Estate Worldwide, SS2 on +44 1702 787516 * (local rate)

Monthly running costs Beta

£432 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,250
Repayment term 25
Interest rate 1.5
Your payment £224 /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.

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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 Real Estate Worldwide, and do not constitute property particulars. Please contact Real Estate Worldwide 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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