Summary -
Apartment 64,246 Upper Parliament Street,LIVERPOOL,L8 7QE
L8 7LF
1 bed 1 bath Studio
Cash-only studio with exceptional gross yield — strong immediate income for investors..
Studio flat with modern kitchen and three-piece bathroom
Current tenant in situ; immediate rental income
Produces £8,100 pa gross (approx. 26% gross yield)
Market rent potential ~£8,400 pa (approx. 27% gross yield)
Leasehold: 999 years remaining, no short lease issues
Cash offer only; buyer’s premium applies to secure purchase
Located in a very deprived area with high local crime rate
Suitable for experienced landlords comfortable with inner-city lettings
This studio flat on Upper Parliament Street offers a clear buy-to-let proposition for cash buyers and portfolio investors. The flat is studio-style with a modern fitted kitchen and a three-piece bathroom, currently let and producing a strong gross income relative to the low purchase price.
Financially the numbers are eye-catching: the property currently produces £8,100 pa gross (approx. 26% gross yield at the asking price of £31,000) and could achieve around £8,400 pa at market rent (approx. 27% gross yield). The lease is long (999 years), so there are no imminent lease-related costs for a purchaser to factor in.
Buyers should be clear about the material drawbacks. The building sits in a very deprived area with a high local crime rate, which will affect tenant demand and management costs. The sale is cash-only and a buyer’s premium applies to secure the purchase; these conditions narrow the pool of suitable purchasers.
This is a straightforward holding for an investor who wants immediate rental income and minimal leaseheadaches. It’s best suited to investors experienced in managing inner-city lettings who accept the neighbourhood challenges and the sale terms.
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