Studio flat for sale

Norton Street, Liverpool, L3

From £69,500

Property Description

Key features

  • **INVESTMENT OPPORTUNITY**
  • Ensuite's starting from 69500
  • Studio's starting from 75,000
  • 9% Net rental return for 5 years
  • 4% interest on deposits during construction
  • Managed by the leading student accommodation management
  • 5 Minutes walk from the University of Liverpool and John Moore's University

Full description

Tenure: Leasehold

NATEX | STUDENT ACCOMMODATION FROM £62,500

Natex is a 566-unit student scheme with 2 blocks of 10 and 16 storeys comprising of 472 en suite rooms and 94 studio apartments. The development is located in the heart of Liverpool and is just a 5-minute walk from the University of Liverpool (a Russell Group University) Liverpool Hope Universityand Liverpool John Moore's University.

FACILITIES INCLUDE:

* Games Room

* Gym

* Reception

* Laundry room

* Meeting room

* Café eating / Area

* Communal lounge

* Outside seating area

* TV lounge

* High speed internet

* 24-hour CCTV and bike storage

UNIT TYPES

Studio Gold - 22sqm

Deluxe Studio - 27sqm

Bronze En-suite - 13.5sqm

DEMAND FOR STUDENT ACCOMMODATION IN LIVERPOOL

* Liverpool is a city synonymous with music, culture and academic excellence. It proudly boasts 3 high-ranking institutions, 2 of which have been named in the top 5 'best city locations' by 'WhatUni'. It means that Liverpool is often many students' first choice.

* 70,000 students call the city their home.

* 9,000 international students at Liverpool's universities - 22.4% of the University of Liverpool's student population are from overseas (100 different nationalities) This figure is expected to quadruple in 4 years

* 36,000 students currently require accommodation

* Only 25,400 purpose-built accommodations (built or in planning)

* The city also has one of the largest Chinese communities in Europe.

* With the expected 10% rise in international student numbers by 2022, accommodation is in short supply!


WHY INVEST IN STUDENT PROPERTY?

* UK's best performing asset class.

* £3.1 billion invested in the sector in 2016.

* Increased demand from overseas investors.

* 2.3 million students are in higher education in the UK.

* 424,000 places were offered on results day in 2016, up by 3% on the previous year (UCAS).

* Overseas investors contributed £1.49 billion in UK transactions in 2016.

* Overseas buyers likely to dominate the market in 2017.

* Student property became a global powerhouse in 2015/2016.

* The UK's market has room to grow with only 24% of students housed in purpose-built accommodation.

* Globally mobile students are underpinning the demand for purpose-built student housing.

HIGHLIGHTS

* En-suite prices from £62,500

* Studio prices from £75,000

* Prices based on 10% early investor discount

* 9% assured NET return for 5 years

* *4% interest paid on deposit payment

* 5-minute walk from University of Liverpool, Liverpool Hope and John Moore's University

* 250-year leasehold tenure

* 10 -year build warranty

* Experiences and trusted developer and management company

* Fully managed hands-off investment opportunity


PAYMENT PLANS

PLAN A:

* £5,000 reservation fee

* 50% on exchange (minus £5000 reservation fee)

* 25% on 18th Jan 2019

* 25% on completion

* *4% interest paid on deposited funds

PLAN B:

* £5,000 reservation fee

* 25% on exchange (After 28 days)

* 25% on 1st July 2018

* 25% on 21st Jan 2019 minus £5000 reservation

* 25% on completion

* *No% interest paid on deposited funds with plan B


Listing History

Added on Rightmove:
27 February 2018

Nearest stations

  • Liverpool Lime Street (0.2 mi)
  • Liverpool Central (0.4 mi)
  • Moorfields (0.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Nu Move International, Nationwide

Business&Technology Centre, Shifnal Road, Priorslee, Telford, TF2 9NN

03339 873834 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Liverpool Lime Street (0.2 mi)
  • Liverpool Central (0.4 mi)
  • Moorfields (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Nu Move International, Nationwide

Business&Technology Centre, Shifnal Road, Priorslee, Telford, TF2 9NN

03339 873834 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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