Summary - THE BRIDEWELL, 10, CHEAPSIDE L2 2DY
1 bed 1 bath Studio
Affordable buy‑to‑let close to campus with income already in place.
Tenant in situ — immediate rental income potential
200 yards from university campus — strong student demand
Long lease (circa 250 years) with double glazing
Secure entry with keypad; built 2016
Service charge circa £3,300 pa — relatively high for size
Ground rent £250 pa; tenure: leasehold
Electric room heaters; no central heating
Very slow broadband and very high local crime rates
This compact studio sits within The Bridewell, a converted historic building in Liverpool city centre, about 200 yards from the university campus. Its location in a cosmopolitan, student‑heavy neighbourhood gives it clear rental appeal for term‑time lets and buy‑to‑let portfolios.
The flat is small but practical: an open‑plan lounge/kitchen, a separate shower room and a defined bedroom area. The property was constructed in 2016 and benefits from double glazing, a long lease (circa 250 years remaining) and secure keyed entry — useful for short‑stay or student tenants. A tenant is currently in situ, so the sale offers immediate rental income potential.
There are important costs and limitations to note. Service charges average around £3,300, with an additional ground rent of £250 per year. Heating is by electric room heaters and the building relies on mains electricity; broadband speeds in the immediate area are recorded as very slow. Local crime levels are very high, which may affect longer‑term demand outside the student market. Investors should factor these running costs and local conditions into yield calculations.
Overall, this is a straightforward, low‑maintenance investment for someone targeting student lets or central short‑stay lets who wants an inexpensive entry‑level city‑centre asset with immediate income, provided they accept the service charge, heating and local amenity trade‑offs.
Studio flat for sale in Cheapside, City Centre, Liverpool, L2 — £55,000 • 1 bed • 1 bath
Studio apartment for sale in Cheapside, Liverpool, L2 — £10,000 • 1 bed • 1 bath
1 bedroom flat for sale in The Bridewell, Liverpool, Merseyside, L2 — £70,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Plaza Boulevard, Liverpool, Merseyside, L8 — £60,000 • 1 bed • 1 bath
Studio flat for sale in C Liverpool One, 5 Seel St., Liverpool, L1 — £53,000 • 1 bed • 1 bath
Studio flat for sale in Henry Street, Liverpool, Merseyside, L1 — £70,000 • 1 bed • 1 bath
