Affordable one-bed leasehold flat near universities and stadia — strong rental potential for investors.
Long lease — c.228 years remaining
Service charge ~£243 pcm (approx. £2,916 pa)
524 sq ft one-bedroom, open-plan living/kitchen
Electric room heating only — no gas central heating
Double glazing; built 1996–2002 (modern build)
Close to universities, city centre and football stadiums
High local crime and very deprived area — higher tenant risk
Good rental potential if modernised; transport improvements planned
This one-bedroom apartment on Upper Parliament Street offers a compact, modern base close to Liverpool city centre, local universities, and major football grounds — locations that reliably attract rental demand. The flat is practical for buy-to-let investors or first-time buyers wanting a low-entry foothold in the city, with an average-sized open-plan living/kitchen, double bedroom and a three-piece bathroom. The property totals about 524 sq ft and benefits from double glazing and contemporary external appearance.
The leasehold tenure is long-running (approximately 228 years remaining) and the predictable monthly service charge (circa £243) keeps ownership costs visible. Heating is electric via room heaters and there is no gas central heating, so factor running costs into budgeting. Council tax band is very low, which helps with operating costs for an investor or owner-occupier.
Important drawbacks are straightforward: the property sits in a high-crime, very deprived inner-city area, which affects tenant profiles and rental risk. The building and flat are typical of late-1990s construction and may need minor modernisation depending on rental standard targeted. The location is, however, due to benefit from a planned nearby transport hub (Baltic Station) which could support future demand and capital growth. Viewing is recommended to assess condition and rental potential personally.