L1 0AZ - Studio flat for sale in 15 Norfolk House 2, Baltic Market,…

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Studio flat for sale in 15 Norfolk House 2, Baltic Market, 42 Simpson Street, Liverpool, L1

Summary - Flat 68, 42, Simpson Street L1 0AZ

1 bed 1 bath Studio

Fully furnished Baltic Triangle studio with inclusive bills and immediate rental income..
24‑hour concierge, launderette, roof terrace and secure bike storage
Fully furnished studio with kitchenette and three‑piece bathroom
Inclusive bills (electricity, water, Wi‑Fi) — simplifies management
Currently let at £600pcm until April 2025 — immediate rental income
Leasehold tenure; sold for cash only (£55,000)
Small studio layout — limited living/storage space
Heating via electric room heaters; tariff unspecified (check running costs)
Area classified as deprived; strong student/young professional rental market
This compact studio in Norfolk House occupies a central Baltic Triangle position, close to Liverpool One and the Albert Dock. The building offers 24-hour concierge, communal launderette, secure bike storage and a roof terrace — amenities that support city-centre living and tenant convenience. The flat is sold fully furnished with inclusive bills (electricity, water and Wi‑Fi) and is currently let until April 2025 at £600pcm, giving an immediate income stream for an investor.

The interior is modern and efficiently laid out with a fitted kitchenette, three-piece bathroom and contemporary furnishings. Fast broadband and excellent mobile signal suit students and young professionals who value connectivity; communal facilities and on-site management reduce hands‑on landlord work. Electric room heaters are installed; there is no recorded flood risk and the building has average thermal performance.

Important drawbacks are factual and should influence purchase planning: this is a leasehold, cash-only sale priced at £55,000, and the accommodation is a small studio rather than a larger apartment. The local area scores as deprived and the neighbourhood profile skews toward students and young professionals, which supports rental demand but may not suit buyers seeking a quiet residential suburb. Heating is by electric room heaters and the tariff is unspecified, so running costs should be checked.

Overall, this is a low‑entry, managed city‑centre investment with immediate rental income and short-term tenant security. It will appeal most to investors seeking a hands‑off, centrally located let; buyers seeking long-term owner-occupation or larger living space should note the studio size and tenancy status.

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