Summary - 2 GRASSENDALE COURT, GRASSENDALE ROAD, LIVERPOOL L19 0NJ
1 bed 1 bath Apartment
Compact one‑bed buy-to-let with long-term tenant and strong gross yield..
Long-standing tenant paying £635 pcm (tenant wants to remain)
A compact, purpose-built one-bedroom apartment offered as a clear buy-to-let opportunity in Grassendale Court. The flat is let at £635 pcm to a long-standing tenant who wishes to remain, producing around a 10% gross annual return at the current asking price. Ground-floor position with off-street communal parking and communal gardens makes it straightforward for tenant occupation and low-maintenance management.
Internally the layout is open-plan with contemporary laminate flooring, double glazing and a basic fitted kitchen. The building dates from the late 1960s/early 1970s and the apartment is small (approximately 399 sq ft), so it suits single tenants or couples rather than families. Council tax is very low and broadband and mobile signals are good — practical benefits for most renters.
Buyers should note material negatives: the property uses electric room heaters (higher running costs than gas), cavity walls are assumed uninsulated, and the current rent sits below the area average. It is sold leasehold with 105 years remaining. Because the flat is tenanted, viewings and vacant possession will depend on tenant cooperation; this limits immediate repositioning but secures income for an investor.
Overall this is a straightforward, income-producing flat for an investor seeking immediate rental return and simple management. It is best suited to a buyer prioritising yield over refurbishment potential, though modest upgrades (insulation, heating) could improve long-term appeal and rental level.
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