Guide price
£55,000
(£248/sq. ft)
1 bed flat for saleUpper Hill Street, Liverpool L8
1 bed
1 bath
1 reception
222 sq. ft
EPC Rating: C
Added on
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
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