Summary - Flat 18, 42, Simpson Street L1 0AX
1 bed 1 bath Studio
Fully furnished studio with immediate rental income in the Baltic Triangle — cash buyers only..
- Let to tenant at £750 pcm (existing income)
- Concierge, gym, roof terrace and on-site management
- Utilities (electricity, water, WiFi) included in tenancy
- Cash-only sale; not mortgageable
- Leasehold tenure; ground rent approx. £350 pa
- Electric room heaters; higher running costs possible
- Central Baltic Triangle location; close to bars and clubs (noise)
- Popular with students and young professionals; high occupancy
A compact, city-centre studio in Norfolk House, offered as a buy-to-let investment with an existing tenancy at £750pcm. The property is fully furnished and comes with building amenities including concierge, on-site gym, roof terrace, launderette and secure bike storage, making it attractive to students and young professionals.
Located in the Baltic Triangle close to Liverpool One and the Albert Dock, the studio benefits from strong rental demand, fast broadband and excellent mobile signal. Management and communal services are in place, and utility bills (electricity, water and WiFi) are included in the tenant arrangement, simplifying hands-off ownership.
Important considerations: this is a leasehold, cash-only purchase with an average ground rent of £350. Heating is by electric room heaters and the flat is small — running costs and tenant comfort may be affected in colder months. The area is lively and close to bars and clubs, which can mean noise and transient tenancy profiles.
Overall, the flat suits investors seeking a low-entry city-centre rental with immediate income and professional management in a well-connected, highly rentable neighbourhood. Buyers should budget for leasehold costs, electricity-based heating expenses and be prepared for the busy local nightlife environment.
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