Summary - Princes Parade, Liverpool, Merseyside, L3 L3 1BD
1 bed 1 bath Apartment
Contemporary 1-bed waterside apartment — ideal for first-time buyers or investors..
Upper-floor one-bedroom with waterside view
Approximately 619 sq ft; compact open-plan layout
94 years remaining on the lease
High flood risk — obtain flood reports and insurance
High local crime levels — consider security measures
Service charge approx. £2,400 per year
Ground rent £250 per year
Excellent mobile and fast broadband connectivity
Set on an upper floor with water views, this one-bedroom apartment offers compact, contemporary city living across about 619 sq ft. The open-plan living and kitchen makes efficient use of space, and the double bedroom and modern bathroom suit a comfortable single or couple occupancy. Broadband and mobile signals are strong, supporting home working or digital-first tenants.
The property sits within a secure, concierge-serviced building in a busy, multicultural student neighbourhood close to restaurants, transport links and local amenities. The 94-year lease and affordable council tax are practical advantages for first-time buyers or buy-to-let investors seeking a low-entry purchase in a major conurbation.
Buyers should note material negatives: the area records high crime levels and the property lies in a high flood-risk zone. Service charge and ground rent are ongoing costs (approx. £2,400 pa service charge; £250 pa ground rent) that affect running costs. The apartment is best suited to those prepared to accept waterfront living in a lively, student-oriented area or investors targeting rental demand.
Overall this is a reasonably sized, modern one-bedroom with clear investor or first-time buyer appeal if the flood risk, local crime rates and service charges fit your risk profile. It offers immediate occupancy potential with limited renovation required, but buyers should carry out flood and security due diligence before committing.
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