Norfolk House 2, Simpson Street, Liverpool, L1 0AX
AB

Norfolk House 2, Simpson Street, Liverpool, L1 0AX

By ABC Property Shop

£ 30,000

Reviews

3 out of 5 stars

ABC Property Shop says ..

An ideal investment property, this studio apartment is offered for sale in a great location and fantastic building in Liverpool.

Property Oracle says ..

The property is a studio apartment located in the Riverside area of Liverpool. The apartment is situated within a modern brick building, as shown in the provided images. Its proximity to Liverpool Central station (1.01 KM) and other transport links suggests convenient access to the city centre. Several schools with good Ofsted ratings are also within a reasonable distance, making it potentially attractive to students or young professionals. The apartment itself appears to be in good condition, with modern fixtures and fittings in the kitchen and bathroom. The lack of outdoor space is a notable drawback, as the plot size is listed as 0.00 sqft.

Considering the list price of £30,000, and comparing it to nearby comparable properties, the price appears significantly lower than others in the area. Nearby studio apartments are listed for between £55,000 and £80,000. However, it’s important to note that the square footage of these properties is not provided, making direct comparison difficult. The average price per sqft in the area is £337.00, which is substantially higher than what this property is listed at. This suggests that the property may represent good value for money, despite its lack of outdoor space. However, further investigation into the specifics of the comparable properties (including their condition and features) would be necessary to confirm this.

The property’s location in a well-connected area with good transport links and schools is a positive aspect. The modern condition of the interior is also a plus point. The absence of a garden or any outdoor space is a significant limitation, which is reflected in the lower price. The low list price compared to the average price per sqft in the area is noteworthy and requires further investigation to determine if it truly represents exceptional value or if there are other factors not disclosed.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
271.14

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
277,018.00 £
Decreased by 9.31 %
from 305,441.00 £
Est sale value
108,456.00 £
Increased by 21.95 %
from 88,933.92 £
Average area rental value
1,179.00 £/mo
Increased by 1.11 %
from 1,166.00 £/mo
Est letting value
271.14 £/mo
Unchanged by 0.00 %
from 271.14 £/mo
Est rental Yield
5.11 %
Increased by 11.57 %
from 4.58 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • ABC Property Shop created the listing.

Nearby Schools

NameTypeOfstedDistance
Cities In Schools At Unit 302Miscellaneous0.17 KM
Liverpool Life Sciences UtcUniversity Technical CollegeGood0.41 KM
The Studio School LiverpoolStudio SchoolsGood0.41 KM
St Vincent De Paul Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.42 KM
Lipa Primary And High SchoolFree SchoolsGood0.87 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Parliament Street £ 203,33200.00 KM
Brindley Street £ 000.00 KM
Pleasant Hill Street £ 000.00 KM
Crump Street £ 300,00000.00 KM
Suffolk Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Liverpool Central2242LVC1.01 KM
Liverpool Lime Street2246LIV1.35 KM
Liverpool James Street2244LVJ1.46 KM
Brunswick3623BRW1.57 KM
Moorfields2226MRF1.60 KM

Nearby Properties

AddressPriceDistance
28 Upper Frederick Street £ 122,0000.36 KM
30 The Anchorage £ 149,5000.47 KM
18 The Anchorage £ 205,0000.47 KM
20 The Anchorage £ 155,0000.47 KM
56 The Anchorage £ 168,0000.47 KM