Immediate income in a compact city-centre flat ideal for buy-to-let purchasers.
Tenanted at £650 pcm — immediate rental income
Approx 377 sq ft, genuinely small one-bedroom apartment
Central Liverpool location with strong local amenities
Private communal courtyard — rare outdoor space
EPC rating E; likely poor energy efficiency
Very slow broadband speeds; may deter some tenants
High local crime statistics — consider management needs
Tenure unspecified; services and appliances untested
This compact one-bedroom apartment in a red-brick Victorian building sits on George Street in central Liverpool, currently let at £650 pcm. Its open-plan reception/kitchen and first-floor position suit low-maintenance city-centre lettings aimed at students or young professionals. A private communal courtyard adds outdoor space rare for this location.
The property offers solid investment fundamentals: central location with strong local amenities and transport links, established tenancy generating immediate income, and double glazing and electric boiler heating already in place. At the asking price of £130,000 the current rent produces a gross yield of about 6% — attractive to buyers seeking immediate rental return.
Buyers should note material negatives plainly. The flat is small (approx. 377 sqft) and the bedroom dimensions are modest. The EPC rating is E and the building’s solid brick walls are likely uninsulated, which may limit energy efficiency and future letting premiums. Broadband speeds are reported very slow and the wider area records higher crime levels; these factors can affect tenant demand and management requirements.
Practical considerations: tenure is not specified and services/appliances have not been tested, so a buyer should commission standard checks and confirm lease/tenure details before purchase. For an investor prepared to manage minor energy upgrades and tenant-facing amenities, this is a straightforward city-centre let with immediate income and scope for value-added improvements.
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