The Reds full-back insists Champions League qualification is the priority but believes they have a chance of winning the Premier League if they can keep in touch with the leaders
The Reds are currently fourth in the league, just four points behind leaders Chelsea and haven’t lost in the last six league games.
Flanagan, who is also from Liverpool, has appeared in 11 league games this season, netting once, and admits the hurt of his side not winning a league title in 20 years is driving him on.
"We've given ourselves a great platform to work off now,” he told Sky Sports News.
"For a local lad, not having a Premiership title for 18-20 years, it's in my mind every day. We're in that position now and it is doable with the games that they've got as well.
"All the lads are just looking for the top four and if we're in and around there with five games to go, maybe.”
But the 21-year-old concedes top spot is not the main target this season, as the Anfield outfit’s primary focus is a place in the top four and next year's Champions League.
"We're just concentrating on trying to get top four, so anything above that would be great for us," he added.
"No-one's expecting us to go and win that title, so the pressure is less on us than the other big teams around us."