Strong rental income and lift access close to city amenities.
Long lease: 239 years remaining
This one-bedroom apartment sits on Vauxhall Road, a short walk from Liverpool city centre. The flat is part of a modern red-brick purpose-built block completed after 2012, with lift access, secure entry front and rear, and resident parking to the rear. Glazing is double and heating is gas boiler with radiators; the long lease (239 years) supports buy-to-let or long-term ownership.
Currently let at £650 pcm, the property produces a strong gross rental return (~9% at the asking price), making it attractive to investors seeking immediate income. The open-plan living/kitchen is a practical, neutral space with laminate flooring and recently painted walls. The double bedroom and bathroom with shower-over-bath offer straightforward accommodation for a single occupant or couple.
Be candid about location: the area is classified as very deprived with above-average crime, and neighbourhood aspiration indicators are low. Service charges are notable at £1,772 per year. Nearby schools have mixed Ofsted results. These factors affect long-term capital growth prospects but are already reflected in the current yield for income-focused buyers.
Suitable buyers will be investors or landlords wanting an easily managed urban let close to transport and amenities. For an owner-occupier seeking strong neighbourhood indicators or premium local schools, this location may be less suitable without a longer-term improvement in the area.
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