Turn-key rental with strong yield in a lively city location.
Waterside location near Albert Dock and Pier Head
A compact one-bedroom apartment in a prized waterfront position on William Jessop Way, offering reliable rental income and strong local demand. The property is currently tenanted, producing a 7.6% yield, and benefits from an EWS1 Grade B1 certificate — useful for investor confidence and mortgage considerations.
The apartment is an open-plan layout with a contemporary fitted kitchen and plenty of natural light. At 345 sq ft it suits single occupants or couples and is easy to maintain. On-site concierge, fast broadband and excellent mobile signal add practical convenience for tenants or short-stay occupants.
Material considerations are straightforward: heating is electric (room heaters) rather than gas, the property is leasehold with 121 years remaining, and the combined service charge and structural service element average about £2,564 per year, with a £250 ground rent. The wider area is a lively, cosmopolitan neighbourhood with many students and city-centre amenities nearby, which supports rental demand but can mean higher daytime and evening activity.
Overall, this property is best suited to investors seeking a turn-key, city-centre rental with immediate income and long lease security, or a cash/first-time buyer wanting low-maintenance city living close to the Albert Dock and transport links. Buyers should factor in running costs and electric heating when modelling returns.
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