Summary - 55 Gilmartin Grove L6 1EG
2 bed 1 bath Apartment
Turn-key rental with parking and immediate income for portfolio buyers.
Refurbished in 2024 with new carpets, blinds and bathroom
Ground-floor two-bedroom apartment, approx. 689 sq ft
Currently tenanted until March 2026, rental income £860 pcm
On-site off-street parking and secure communal access
Leasehold with 100 years remaining; ground rent £150 pa
Service charge £1,674 per annum; council tax described as cheap
Heating via electric room heaters; double glazing installed before 2002
Located in a high-crime, deprived area — consider management costs
A freshly refurbished two-bedroom ground-floor apartment on Gilmartin Grove, completed in 2024, presents a turn-key rental opportunity close to the Royal Liverpool University Hospital. The open-plan lounge/kitchen, new carpets and upgraded bathroom reduce immediate maintenance and make the flat easy to let or retain in a portfolio.
Currently tenanted until March 2026 with a monthly rental income of £860, the property offers immediate cashflow for an investor wanting exposure to Liverpool’s rental market. On-site off-street parking and secure communal access are practical benefits that help with tenant attraction in a busy urban area.
Buyers should note material costs: the property is leasehold with 100 years remaining, an annual service charge of £1,674 and ground rent of £150. Heating is by electric room heaters and double glazing predates 2002, which may mean higher running costs and potential future upgrades.
Location strengths include fast broadband, excellent mobile signal and proximity to several primary schools and local amenities. However, the wider area scores high for crime and is classed as deprived, so purchasers should weigh local market demand and management needs when assessing long-term prospects.
2 bedroom flat for sale in Gilmartin Grove, LIVERPOOL, Merseyside, L6 — £130,000 • 2 bed • 1 bath • 663 ft²
1 bedroom apartment for sale in Netherfield Road South, Liverpool, L5 — £64,500 • 1 bed • 1 bath • 453 ft²
2 bedroom apartment for sale in Courtier Close, Liverpool, Merseyside, L5 — £135,000 • 2 bed • 1 bath • 722 ft²
2 bedroom apartment for sale in Lilley Road, Liverpool, L7 — £110,000 • 2 bed • 1 bath • 614 ft²
2 bedroom apartment for sale in 44 Pall Mall, Liverpool, L3 — £120,000 • 2 bed • 1 bath • 590 ft²
2 bedroom apartment for sale in Lowbridge Court, Liverpool, Merseyside, L19 — £110,000 • 2 bed • 1 bath • 551 ft²
