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1 bed flat for sale

£94,950

Azure Residential, Liverpool L3

1 1
Interested in this property? Call +44 1932 964593 * or Request Details

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Property features

  • Balcony
  • 7% net yield assured for year 1
  • High-end, luxury residential development
  • Mix of 127 studio, 1 & 2 bedroom apartments
  • Liverpool city centre location, close to Business District
  • Views of the River Mersey, the city centre or the north of the city
  • Residents' Gym, urban garden, lounge, private parking
  • Designed by experienced and successful architects
  • A fully managed hands-off investment

Property description

With strong economic growth and an ever increasing population, the demand for high quality rented accommodation is at an all-time high in Liverpool. Build-to-rent accommodation is by far the best way to meet this demand and is set to dominate the private rented sector. Offering investors an excellent opportunity to invest at the start of this rising market in one of the uk's fastest growing cities.

This is why we're excited to introduce Azure Residence, our latest investment property in Liverpool. Comprised of 127 spacious, high spec studio, 1 & 2 bedroom apartments, Azure Residence offers an exceptional standard of living in a desirable city centre location close to the prestigious Business District in Liverpool.

Located within walking distance of the city's key retail, leisure and business districts residents will enjoy the best that Liverpool has to offer. From vibrant independent and high street retail to lively nightlife and fine dining, Azure Residence offers an uncompromised city living experience.

The development itself offers market-leading on-site facilities which includes a gym, urban gardens, lounge, private balconies (in selected apartments) and private parking. Each side of the development also features stunning views of either the River Mersey, the city centre or the north of the city.

With market-leading resident facilities, key city centre positioning, high-end accommodation and attractive starting prices the apartments at Azure Residence have been perfectly designed to appeal to both investors and the rental market.

Azure Residence is also within close proximity to the new £335m Royal Hospital which, once complete, will create additional demand for accommodation.

This is your opportunity to invest in high-end residential accommodation from just £94,950. You have the option to have your properties fully managed, benefiting from a 7% net assured income for the 1st year.

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Market activity
Average price paid £160,061 Sales 238 Current average value £186,375 (Zoopla Zed-Index) Value change £7,158 ▲ 3.99%

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: £149,072
Avg. current asking prices in L3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £85,000
(1)
£178,450
(6)
£389,000
(5)
- -
Flats £112,392
(537)
£198,800
(414)
£354,328
(44)
- -
All £112,342
(538)
£198,509
(420)
£357,866
(49)
- -

Current asking rents in L3

Average: £878 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)
£1,436 pcm
(3)
£498 pcm
(1)
Flats £672 pcm
(115)
£878 pcm
(224)
£1,396 pcm
(23)
£1,931 pcm
(7)
£528 pcm
(4)
All £660 pcm
(124)
£877 pcm
(229)
£1,400 pcm
(24)
£1,782 pcm
(10)
£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

  • Liverpool Lime Street (0.6 miles)
  • Moorfields (0.7 miles)
  • Liverpool Central (0.8 miles)
  • Liverpool John Lennon Airport (7.8 miles)
  • Blackpool International Airport (24.7 miles)
  • Manchester International Airport (29.4 miles)
  • Liverpool Pier Head Ferry Terminal (1.0 mile)
  • Liverpool Isle of Man & Dublin Terminal (1.1 miles)
  • Seacombe Ferry Terminal (1.6 miles)

Nearby schools

View all schools in Liverpool
  • Faith Primary School (0.2 miles)
  • Millstead School (0.2 miles)
  • Holy Cross Catholic Primary School (0.3 miles)
  • LIPA Sixth Form College (1.2 miles)
  • Harmonize Academy AP Free School (1.4 miles)
  • Everton Free School (1.6 miles)
  • Notre Dame Catholic College (0.7 miles)
  • North Liverpool Academy (0.7 miles)
  • The Academy of St Francis of Assisi (1.5 miles)
Note: Distances are straight line measurements

Local info for Liverpool

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For more information about this property, please contact
Property Eagle, KT16 on +44 1932 964593 * (local rate)

Monthly running costs Beta

£549 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,495
Repayment term 25
Interest rate 1.5
Your payment £341 /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.

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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 Property Eagle, and do not constitute property particulars. Please contact Property Eagle 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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