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Property Listing Details

1 bed flat for sale

Liverpool Student Investment, 76-78 Norfolk Street, Liverpool L1

  • New home
  • Investment

£60,000

Property details

  • 1 bedroom
  • 1 bathroom

Features

  • Leasehold
  • 10% net rental income assured for 3 years
  • Ideal city centre location in Liverpool’s creative hub
  • Minutes from both major universities
  • Managed on-site by Golden Estates
  • Prices from £59,950

Listing view statistics

Last 30 days: 136 page views

Since listed: 616 page views

Description

Why Norfolk House

Investment Purchase ----- No Help to Buy Scheme Available

Norfolk House, due for completion in January 2017, is a student development of self-contained studios. It’s located in the Baltic Triangle, one of the city’s trendiest and most creative areas – which is in high demand among students.

Due to this demand, investors will benefit from 10% guaranteed net rental income for 3 years. After year 3, the projected annual net return is conservatively estimated at 11%.

The property will have facilities such as games and cinema rooms, visitor parking, a fully equipped gym, roof terrace and manned reception. Combined with its popular location, these will make it a sought-after residence for Liverpool’s students.

Investment Overview

1. 10% net rental income assured for 3 years
2. Ideal city centre location in Liverpool’s creative hub
3. Minutes from both major universities
4. Managed on-site by Golden Estates
5. Prices from £59,950

Why Liverpool

Liverpool continues to grow and attract investment – more than £5 billion in the last decade.

The scale and quality of Liverpool’s transformation has been of international significance, and it’s continuing at a rapid pace. With nearly 70,000 full-time students, and tenant demand projected to increase due to extensive regeneration, now’s the time to invest in this booming Merseyside city.

For more information on this investment opportunity, call us on . You can also register using the form below and we’ll send you an info pack.

For More Information Call Us Today or Register Below for an Info Pack

You could get

Fast broadband Fast broadband

Up to 19.8 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Liverpool Central 0.7 miles
  • Liverpool James Street 0.8 miles
  • St Vincent de Paul Catholic Primary School 0.3 miles
  • LIPA Primary School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Liverpool Central 0.7 miles
  • Liverpool James Street 0.8 miles
  • St Vincent de Paul Catholic Primary School 0.3 miles
  • LIPA Primary School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in L1:

  • £133,938
  • Price decrease

  • -£8,352
  • (-5.870%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £119,229
  • Properties sold

    75

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in L1 is currently:

£654 pcm

Recent sales nearby

See all recent sales in L1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

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Your home may be repossessed if you do not keep up repayments on your mortgage.

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The Developer

Price history

Sold prices provided by Land Registry
15th Apr 2019 £60,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by RW Invest Liverpool. 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 RW Invest Liverpool for full details and further information.