Summary - Apartment 22, 246 Upper Parliament Street L8 7QE
1 bed 1 bath Studio
Let-ready, fully furnished studio with inclusive bills — cash buyers and investors only..
Fully furnished, kitchenette and three-piece bathroom included
Currently let at £695pcm; advertised 10% yield
Utilities (electricity, water, WiFi) included in rent
On-site laundry and private tenant courtyard
Managed building — hands-off for investors
Leasehold tenure; cash buyers only
High local crime and very deprived area — consider risk
Electric room heaters; potentially higher running costs
A compact, fully furnished studio in Upper Parliament Street aimed at investors and students seeking immediate rental income. The studio is part of a 116-unit development, comes with on-site laundry, private courtyard access, and utilities (electricity, water and WiFi) included in the rent. It is currently managed and let at £695pcm, with the listing advertising a 10% yield and offering straightforward, hands-off tenancy management.
The flat is self-contained with a kitchenette, three-piece bathroom and furnished living/sleeping area. Heating is via electric room heaters and the building’s main fuel is electricity, so running costs may be higher than for gas-heated homes. Broadband speeds are average and mobile signal is excellent.
Important buyer notes: this is a leasehold property being sold for cash only. The surrounding area records high crime and is in a very deprived ward, though nearby primary and secondary schools include several rated Good or Outstanding. The studio’s size and specification suit students or young professionals rather than families, and the accommodation will appeal most to investors seeking an affordable, let-ready unit in a popular rental location.
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