L1 8LY - 1 bed warehouse conversion city apartment in Wapping, L1 8LY

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1 bedroom apartment for sale in The Mill, Liverpool City Centre, L1

Summary - Joseph Heap & Sons Ltd The Mill, Liverpool City Centre L1 8LY

1 bed 1 bath Apartment

6% net rental yield close to Royal Albert Dock and Baltic Triangle.
Refurbished Grade II listed Victorian warehouse conversion
Set within a sensitively refurbished Grade II Victorian warehouse, this one-bedroom apartment blends industrial character with contemporary finishes. The open-plan layout, modern fixtures and energy-efficient technology make the flat move-in ready and low-cost to run. Onsite amenities include a gym, spa, rooftop terrace and off-street parking, and the building benefits from an on-site rental management company and a developer-backed payment plan.

The property is presented as a buy-to-let opportunity with a projected 6% net rental return, sitting minutes from the Royal Albert Dock and the Baltic Triangle. Its south-facing aspect and city-centre location offer good tenant appeal for professionals and students in Liverpool L1. Broadband and mobile signals are strong and secure transport, shops and leisure are all within easy walking distance.

Important practical points: the building is Grade II listed, which preserves historic features but can restrict alterations and may complicate maintenance or conversion works. The apartment is leasehold (999 years remaining) and prospective purchasers should allow for service charges, communal maintenance responsibilities and leasehold obligations. The local area shows higher deprivation statistics, which can affect long-term capital growth in parts of the neighbourhood.

Overall this is a contemporary, low-maintenance flat in a landmark redevelopment suited to investors seeking immediate rental income or owner-occupiers wanting central, characterful living. Buyers should request the full investment breakdown, service charge schedule and listed-building maintenance policy before proceeding.

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