Summary - Apartment 604, 19, Plaza Boulevard L8 5AB
1 bed 1 bath Flat
Compact one-bed investment in Baltic Triangle — long lease, immediate income, cash-only sale.
Investment opportunity — currently let at £850pcm until July 2025
Sold fully furnished — immediate rental income potential
Long lease: 997 years — minimal lease-related risk
Cash only sale — not suitable for standard mortgage buyers
High local crime level — may affect tenancy and insurance
Electric room heaters — likely higher running costs
Ground rent approx. £500 (average) — ongoing ownership cost
Large windows with city views; modern building amenities
This compact one-bedroom apartment sits on the 6th floor of a modern high-rise in Plaza Boulevard, offering clear city views through large windows and plenty of natural light. The property is being marketed as an investment: it is currently let at £850pcm until July 2025 and is sold fully furnished, presenting immediate rental income for a buyer able to complete a cash purchase.
The building offers practical on-site benefits including 24-hour security and two passenger lifts, which support tenant demand in this cosmopolitan, student- and professional-focused neighbourhood close to the waterfront and transport links. The long lease (997 years) is a strong ownership feature and removes common lease-length concerns for investors or future owners.
Buyers should note material negatives plainly. The sale is cash-only, restricting mortgage buyers. The local crime level is reported high, which may affect tenant profiles and insurance costs. Heating is via electric room heaters, likely increasing running costs compared with mains gas systems. Ground rent is listed at around £500 (average), and council tax banding is unknown — both are additional ownership costs to consider.
Overall, this is a straightforward investment pick for someone seeking immediate rental income in a high-demand area with low lease risk. It suits a cash buyer or investor prepared to manage higher service/energy costs and local area considerations.
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