Let at £620pcm — current yield c.8.2% based on asking price
New-build studio within large purpose-built rental development
24-hour concierge, communal laundry, bicycle storage, roof terrace
Long lease: 244 years remaining (LEASEHOLD)
Cash sale only — not available for mortgage purchase
Heating via electric room heaters; electricity is main fuel source
Very slow broadband speeds locally; may affect tenants working from home
Local crime level reported as very high — factor for risk and insurance costs
This self-contained studio in Block C at One Wolstenholme Square is positioned for investors seeking city-centre rental income. Currently let at £620pcm, the flat delivers an indicated gross yield of about 8.2% at the asking price of £62,000. The development is new-build, benefits from a 24-hour concierge, communal laundry, bicycle storage and roof terraces (block dependent), and targets strong student and young-professional demand in central Liverpool.
Practical positives include a very long lease (244 years remaining) and high local occupancy rates in a popular student and city-centre location close to Liverpool One, Baltic Triangle and the Albert Dock. The apartment is sold furnished and is part of a large purpose-built scheme of studios and one-bed apartments designed for rental convenience and low-turnover tenancies.
Buyers should note clear material considerations: this is a leasehold, cash-only sale; heating is by electric room heaters and the property’s main fuel is electricity. Broadband speeds in the area are reported as very slow, which may affect some tenants. Local crime levels are classified as very high — an important factor for risk assessment and insurance costs.
This apartment suits investors who prioritise immediate rental return and long-lease security over owner-occupier comforts. Marketing images are not of the exact flat, so viewing is recommended to confirm condition and layout. All statements here are factual summaries of the property and surrounding context.
