Just added

Guide price

£55,000

(£248/sq. ft)

1 bed flat for sale
Upper Hill Street, Liverpool L8

    • 1 bed

    • 1 bath

    • 1 reception

    • 222 sq. ft

  • EPC Rating: C

  • Chain free
  • Leasehold

Added on

IAD UK

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About this property

  • South-facing and filled with natural light

  • Off-road parking

  • Investment potential gross yield up to 14.7%

  • Convenient for the University of Liverpool and ljmu's Mount Pleasant Campus

  • No onward chain

  • Security cameras and 24/7 facility managers

  • Leasehold with 114 years remaining

The Opportunity

A well-presented, self-contained studio apartment offering approximately 20.2m2 (217sq ft) of accommodation within The Steel, a purpose-built development comprising 29 modern studios, completed in late 2015.

The apartment features an open-plan living and sleeping area with kitchen facilities and a separate bathroom. Residents also benefit from a shared laundrette, a communal outdoor yard with bicycle storage and off-road parking. Facilities managers are available 24 hours a day, and the development benefits from security cameras.

Developed for student and young professional accommodation, The Steel has an established rental history. Offered on a leasehold basis with 114 years remaining, this studio presents an ideal opportunity for buyers seeking a rental investment close to Liverpool city centre. Based on an estimated rent of 675 per month and a purchase price of 55,000, the potential gross rental yield is approximately 14.7%.

The Location

Situated on Upper Hill Street, close to Liverpool's Georgian Quarter, The Steel is conveniently located forthe University of Liverpool and Liverpool John Moores University's Mount Pleasant Campus, with easyaccess to local amenities and public transport.

The surrounding area offers a mix of residential and student accommodation. Nearby cultural landmarksinclude Liverpool Cathedral and the Philharmonic Hall, while the city centre provides an extensive choiceof shopping, dining and entertainment.

Arrange a Viewing

Contact us for further information about the apartment or to arrange a viewing.

[Agent code: AF01)

Studio (20.2 sqm)

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More information

  • Tenure

    Leasehold (114 years)

  • Service charge

    £2,742 per year

  • Council tax band

    TBC

  • Ground rent

    £377

  • Ground rent date of next review

See all recent sales in L8

Property descriptions and related information displayed on this page are marketing materials provided by - IAD UK. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact IAD UK for full details and further information.