4 Bed Flat, Cash/Bridging Only, Liverpool, L7 3AA, £110,000

Cluster 15 Queensland Place, 2 Chatham Place, Liverpool, Merseyside, L7 3AA3AA - 4 views - 2 years ago

Leasehold
Cash
~129 m²
+26 photos

ValuationFair Value

Sold Prices£190K - £650K
Sold Prices/m²£1.3K/m² - £3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£851/m²

Value Estimate

£111,100

 

 

End Value (After Refurb)

£257,318

Uplift in Value

+134%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Refurb Costs

£54,800

Bridging Loan Interest

£2,888

Total Cash In

£93,638

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£257,318

Agent Fees (1%)

£2,573

Bridging Loan

£82,500

Bridging Loan Interest

£2,888

Flip Profit

£78,607

Local Sold Prices

5 sold prices from £190K to £650K, average is £300K. £1.3K/m² to £3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£280K04/211.39 mi16, Mannering Road, Liverpool, Merseyside L17 8TR4
£300K12/201.55 mi133, South Ferry Quay, Liverpool, Merseyside L3 4EW4
£425K09/231.6 mi227, South Ferry Quay, Liverpool, Merseyside L3 4EE4
£650K05/232.11 miApartment 15, Hazelmere House, Mossley Hill Drive, Liverpool, Merseyside L17 0EU4
£190K07/212.87 mi93, Queens Drive, Walton, Liverpool, Merseyside L4 6SG4

Local Rents

50 rents from £412/mo to £3.3K/mo, average is £527/mo.

RentDateDistanceAddressBeds 
£43304/240.06 miOverbury Street, Liverpool5
£2,20004/240.1 miSquires Street, Liverpool, L75
£2,20004/240.1 mi-5
£47704/240.17 miWilliamson Court, Town Houses, City Centre, Liverpool7
£47704/240.17 miWilliamson Court, Town Houses, City Centre, Liverpool6
£47704/240.17 miWilliamson Court, Town Houses, City Centre, Liverpool7
£47704/240.17 miWilliamson Court, Town Houses, City Centre, Liverpool7
£45505/240.17 miWilliamson Court, Town Houses, City Centre, Liverpool6
£45505/240.17 miWilliamson Court, Town Houses, City Centre, Liverpool6
£47704/240.17 miWilliamson Court, Town Houses, City Centre, Liverpool6
£1,40005/240.18 miMarmaduke Street, L7 1PA4
£45505/240.22 miWilliamson Court, Town Houses, City Centre, Liverpool6
£45505/240.22 miWilliamson Court, Town Houses, City Centre, Liverpool6
£1,10004/240.23 miGladstone road L73
£2,20005/240.23 mi-5
£60704/240.23 miIrvine Street, L7 8SZ, 6
£1,20004/250.25 mi-3
£41205/240.27 miEdge Lane, Liverpool9
£1,59905/240.27 mi-3
£1,29902/250.27 mi-3
£52904/240.27 miNorth View, Edge Hill, Liverpool, L75
£50704/240.28 miNorth View, Edge Hill, Liverpool, L76
£50705/240.28 miNorth View, Edge Hill, Liverpool, L76
£45505/240.3 miAdelaide Road, Kensington Fields, Liverpool5
£47205/240.3 miLeopold Road, Kensington, Liverpool, L75
£45505/240.3 miLeopold Road, Kensington, Liverpool, L76
£50004/240.3 miLeopold Road, Kensington, Liverpool, L76
£58504/240.3 miLeopold Road, Kensington, Liverpool, L75
£62804/240.31 miLeopold Road, Liverpool, Kensington Fields, L76
£3,32504/240.31 miAdelaide Road, Liverpool, L76
£3,15905/240.31 miAdelaide Road, Liverpool, L76
£1,25003/250.31 mi-3
£2,52006/240.31 mi-6
£2,52005/240.31 miAdelaide Road, Kensington, Liverpool, L76
£49805/240.31 miAdelaide Road, Kensington Fields, Liverpool5
£41205/240.31 miAdelaide Road, Kensington Fields, Liverpool5
£1,00005/240.32 miTunnel Road, L7 6LS3
£1,90204/240.32 miJubilee Drive, Liverpool, L74
£52405/240.32 mi146, Jubilee Drive, Liverpool6
£1,50004/240.32 mi-4
£1,50004/240.32 miRoyston Street, Liverpool, L74
£65004/240.32 miAdelaide Road, Liverpool, Kensington Fields, L7 - Available 24/25 6
£1,30003/250.33 mi-4
£43305/240.33 miHall Lane, Kensington, Liverpool5
£47704/240.33 miJubilee Drive, Liverpool - Student Property 24/254
£43304/240.33 miJubilee Drive, Liverpool5
£47704/240.33 miJubilee Drive, Liverpool5
£43305/240.33 miAdelaide Road, Kensington Fields, Liverpool6
£80006/240.33 mi-3
£80003/250.33 mi-3

Local Area Statistics

Population in L7

17,934

Population in Liverpool

675,519

Town centre distance

3.94 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+97%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £110,000

January 16, 2023

Description

  • Concierge +
  • Gym +
  • Student Accommodation Investment +
  • Modern Furnishings +
  • Popular Student Area +
  • Cash Only +
  • 4 Bed Apartment +
  • Fully Let till 2025 +

Excellent Student development investment opportunity....New landlord or looking to expand your portfolio in student properties? Queensland place is a fantastic opportunity. Cluster 15 has 4 bedrooms and is fully let till July 2025 for £1,967pcm, 13.7% yield!! Enquire today for more information.

Queensland Place is located just a stone throw away from the University of Liverpool and Liverpool City Centre. Amazing location for students, only a short 15-minute walk to University of Liverpool campus and LJMU buildings.

Queensland place offers spacious communal areas with pool tables and TVs, a great space to meet before heading to town. We also have an on-site gym with plenty of equipment for tenants to use, as well as a cinema room with plenty of spaces to study or socialise.

The clusters and rooms offer fitted kitchen, modern furnishings, kettle, microwave, 3/4 double beds, wardrobe, and desk & chair for study.

A City to Invest In

With the ongoing development of Liverpool’s dock front, one of the largest investments for the city in recent years, a £5 billion regeneration scheme looks to create 2 million square metres of residential, business and leisure spaces. The scheme is certainty attracting the attention of investors locally & internationally; now is the time to invest in Liverpool’s booming property development.

High quality, cost competitive and low risk – Liverpool ranks in the top 10 for start-up ecosystems and has attracted over £2.5 Billion in physical investment over the past 5 years.

The University of Liverpool is a UK centre for world-leading computer science research, the city region is home to 70,000 students and 30,000 graduates at any one time, an attractive market for anyone looking to invest in modern apartments designed for this demographic.

Kensington Regeneration Area

The area of Kensington in Liverpool located just outside of the city centre - which has proved to be very popular with students, is the focus of a 10-year regeneration plan to improve the residential and public areas of Liverpool.

The £62m government investment is over its halfway completion mark and has already been hailed a success.

As well as improving housing, public roads and community areas such as parks – the project has succeeded in creating local jobs and building out the community for a brighter future.

(Photos used for advertisement purpose and may differ slightly with apartment layout)

Investment Overview

Popular Student Development
Competitive NET Yield
Low service charge
£62m Kensington Investment Area

How close is close?

University of Liverpool: 0.4 miles

Liverpool John Moores University: 0.9 miles

Liverpool ONE Shopping Centre: 1.1 miles

Concert Square: 1.1 miles

Lime Street Train Station: 1.2 miles

Agent Details

Urban Evolution, Liverpool

0151 453 3028

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪