L1 4BY - 1 bed city centre studio in 3 Wolstenholme Square, L1 4BY

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Studio flat for sale in Apartment 214, Block D, 3 Parr Street, Liverpool, L1

Summary - Apartment 214, 3 Wolstenholme Square L1 4BY

1 bed 1 bath Studio

Turnkey investment in a student‑driven area with concierge and communal amenities.
Tenanted until Aug 2026 at £650pcm (provides ~7.5% net yield)
Newly renovated, furnished studio in purpose-built development
24-hour concierge, communal laundry, roof terrace and bike storage
Leasehold with c.240 years remaining
Service charge ~£1,258pa; ground rent ~£350pa
Cash-only sale — not suitable for mortgage buyers
Very slow broadband in the building may affect tenants
Local crime levels recorded as very high
This newly built studio in Wolstenholme Square is presented as a ready-made investment: currently tenanted until August 2026 at £650pcm, the sale price produces the quoted net rental return of around 7.5%. The apartment is fully furnished, newly renovated and is part of a large development with 24-hour concierge, communal laundry, bicycle storage and roof terrace (block dependent), which supports strong lettability to students and young professionals.

Practical details are clear: the property is leasehold with c.240 years remaining, modest electric room heating, and utilities on electricity. Service charge and ground rent are notable ongoing costs (approx. £1,258 and £350 per year respectively) and the building is marketed as cash-only sale. Broadband speeds are reported as very slow, which may affect some tenants and requires consideration.

Location is the flat’s primary strength — central Liverpool with Liverpool One, Albert Dock and Baltic Triangle amenities within easy reach. The development sits in a multicultural, student‑heavy neighbourhood offering a deep rental pool. However, local crime levels are recorded as very high, so factor that into lettings strategy and insurance costs.

Overall this studio suits a buy-to-let investor seeking a low-management, city-centre income stream from a modern, purpose-built development. The apartment is in excellent presentational condition and benefits from management and furnishing, but buyers should allow for ongoing service charges, ground rent, slow broadband and the local crime profile when assessing net returns.

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