Summary - Apartment 6, 12 York Street L1 5BN
1 bed 1 bath Flat
Characterful city-centre one-bed with good rental potential.
- One-bedroom first-floor apartment in converted warehouse (593 sq ft)
- Vacant possession; immediate occupation or let possible
- Estimated rental income ~£9,600 pa (guide only)
- Leasehold: 250 years from 31 December 2004
- Heating: electric storage heaters (higher running costs vs gas)
- EPC rating C; double glazing and lift access present
- Located in busy student neighbourhood; area described as deprived
- Sold at public auction; buyers must meet auction terms and timings
This one-bedroom first-floor apartment sits within a converted warehouse on York Street, offered vacant and ready for immediate occupation or rental. The 593 sq ft layout combines original industrial character with contemporary fittings: high ceilings, double glazing, integrated kitchen appliances, a juliet balcony and lift access. EPC C and an estimated rental income of about £9,600 per year make it suited to buy-to-let portfolios or buyers seeking a city-centre pied-à-terre.
The property is leasehold (250 years from 31 December 2004) and will be sold at public auction, so purchasers should be prepared for the auction process and timely completion requirements. Heating is via electric storage heaters and main fuel is electricity; this may affect running costs compared with gas-heated homes. Council Tax Band A and very cheap council tax reduce ongoing outgoings.
Set in a busy, multicultural student neighbourhood close to Liverpool One, Albert Dock and local transport links, the flat benefits from excellent mobile signal and fast broadband—advantages for tenants or home workers. The surrounding area is described as deprived overall and has average crime levels; investors should factor location when estimating yields and tenant demand.
Overall this is a well-located, characterful apartment with immediate let-or-live-in potential and long lease length. Buyers at auction should carry out pre-auction inspections, confirm service charge and ground rent details, and allow for electric-heating running costs when assessing affordability or return.
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