Two-bedroom leasehold with tenant in place and allocated parking.
Tenant in situ paying £950pcm — immediate rental income potential
EWS1 certificate in place for building safety compliance
Allocated off-street parking included with the flat
Modern double glazing; built 2003–2006, contemporary open-plan living
High average service charge £3,467 and ground rent £150
Heating by electric room heaters — likely higher running costs
Very high local crime rate and very deprived area — resale risk
Slow broadband speeds could affect some tenants or home workers
This two-bedroom leasehold flat on Netherfield Road South is offered with an existing tenant paying £950pcm, making it immediately income-generating for investors. Built in 2003–2006, the apartment has modern double glazing, an open-plan living space with large windows and balcony views, and secure allocated off-street parking. An EWS1 certificate is in place. The lease has around 100 years remaining.
The building’s running costs and location are important considerations: the average service charge is £3,467 and ground rent is £150, which will affect net yields. Heating is electric via room heaters, so running costs may be higher than gas-heated properties. Broadband speeds in the area are reported slow.
Location benefits include excellent mobile signal, strong public transport links to Liverpool city centre, and nearby amenities such as shops, leisure facilities and parks. However, the property sits in a very deprived area with a very high local crime rate — factors that may limit tenant demand and long-term capital growth compared with more central or lower-crime neighbourhoods.
This listing suits a hands-on investor seeking above-average gross rental income now, or a buyer prepared to refurbish and manage running-cost improvements. It can be sold with the tenant in situ for immediate return, or offered with vacant possession subject to notice.