Summary - Flat CP22, 2 Caro City Point L5 3LD
1 bed 1 bath Flat
Affordable one-bed student flat with long lease and communal facilities — ideal for investors.
Long lease (240 years) with low asking price £50,000
Configured as student accommodation; easy to let to students
On-site gym, laundry, cycle store and communal facilities
Very high local crime rate; area classed as very deprived
High service charge (£2,350 pa) and ground rent (£250 pa)
Heating via electric room heaters; no central heating
Very slow broadband speeds could deter some tenants
Located 15–30 minute walk to local universities
Set within the contemporary City Point development on Great Homer Street, this one-bedroom leasehold flat is configured and marketed as student accommodation and sits close to Liverpool John Moores and the University of Liverpool. The building offers communal facilities including a gym, laundry, cycle store and communal kitchen access, making it straightforward to let to students or sharers. The long lease (240 years) and low asking price create clear investment appeal.
The flat is compact and efficiently laid out with a double bed, workspace and three-piece bathroom, plus access to the shared kitchen. Construction is modern (2007–2011) with recent double glazing and insulated system-built walls; maintenance demands should be modest for the building fabric. On-site amenities and proximity to higher-education campuses support steady rental demand.
Important trade-offs: the property is in a very deprived neighbourhood with very high recorded crime and very slow broadband speeds — factors that will affect tenant choice and rental value. Heating is by electric room heaters rather than central heating, and occupants will pay a high annual service charge and a small ground rent. The flat is best suited to investors targeting student lets or first-time buyers conscious of the location and service costs, rather than someone seeking a low-maintenance, long-term family home.
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