Plato House Cloud Student Homes, 11 Greek Street, Merse, L3
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Plato House Cloud Student Homes, 11 Greek Street, Merse, L3

By Ernest Brooks International

£ 350,000

Reviews

2 out of 5 stars

Ernest Brooks International says ..

Prime Student Investment – High Yield & Fully Managed. Portfolio of 5 Purpose-Built Student Accommodation (PBSA) Studios within Plato House, aHigh-Demand Student Location. £70,000 per unit | 7.18% Net Yield | 999-Year Lease (from January 2015) Seize this...

Property Oracle says ..

The property is a studio apartment located in a central location in Liverpool, within easy reach of Liverpool Lime Street station (0.58km) and several Merseyrail stations. The area has several schools nearby, including The City Of Liverpool College and Pleasant Street Primary School, both rated ‘Good’ by Ofsted. The proximity to educational institutions and transport links makes this a potentially desirable location for students or young professionals. However, the lack of plot size indicates no private outdoor space.

The apartment itself appears to be modern and well-maintained, based on the provided images. The furnishings are contemporary, and the overall condition seems excellent. There is a small kitchenette and a separate shower room. The apartment is compact, measuring only 196 square feet.

Considering the average price per square foot in the area is £308, and this studio is listed at £350,000, the price seems significantly high. The average price for properties in the area is £259,400, and the average size is 840 sqft. The significantly higher price of this studio may be attributed to its central location and proximity to transport links and educational institutions, making it attractive to students and young professionals willing to pay a premium for convenience. However, the lack of outdoor space and small size contribute to a less favourable price-to-size ratio compared to other properties in the area. The nearby listings show a wide range of prices, with some significantly higher, suggesting that the price may be influenced by factors beyond just size and location.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
9
Location
9
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
196.00

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
487,124.00 £
Increased by 94.35 %
from 250,641.00 £
Est sale value
120,736.00 £
Increased by 112.41 %
from 56,840.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
196.00 £/mo
Unchanged by 0.00 %
from 196.00 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Ernest Brooks International created the listing.

Nearby Schools

NameTypeOfstedDistance
The City Of Liverpool CollegeFurther EducationGood0.46 KM
Pleasant Street Primary SchoolCommunity SchoolGood0.48 KM
St Nicholas'S Catholic Primary SchoolVoluntary Aided SchoolRequires improvement0.54 KM
Liverpool John Moores UniversityHigher Education Institutions0.54 KM
University Of LiverpoolHigher Education Institutions0.73 KM

Images

Picture No. 01 Picture No. 12 Picture No. 18 Picture No. 13 Picture No. 10 Picture No. 09 Picture No. 02 Picture No. 03 Picture No. 06 Picture No. 16 Picture No. 17 Picture No. 04 Picture No. 05 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Marquis Street £ 000.00 KM
Hart Street £ 000.00 KM
Moor Place £ 000.00 KM
Greek Street £ 000.00 KM
Lambert Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Liverpool Lime Street2246LIV0.58 KM
Liverpool Central2242LVC0.84 KM
Moorfields2226MRF1.83 KM
Liverpool James Street2244LVJ2.18 KM
Brunswick3623BRW2.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plato House, Liverpool £ 42,500BUY5 / 100.00 KM
Plato House Cloud Student Homes, 11 Greek Street, Merse, L3 £ 45,000BUY5 / 100.00 KM
Plato House Cloud Student Homes, 11 Greek Street, Merse, L3 £ 350,000BUY5 / 100.00 KM
Plato House, Liverpool £ 40,000BUYUnknown0.05 KM
Plato House, Liverpool £ 42,500BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
12 Anson Street £ 299,0000.20 KM
4 Anson Street £ 135,0000.25 KM
87 St Andrew Street £ 130,0000.28 KM
80 St Andrew Street £ 48,9950.28 KM
66 St Andrew Street £ 114,0000.28 KM