L1 0AZ - 1 bed top floor studio in Simpson Street, L1 0AZ

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Studio flat for sale in Apartment 98 Norfolk House 2, 42 Simpson Street, Liverpool, L1

Summary - Flat 98, 42, Simpson Street L1 0AZ

1 bed 1 bath Studio

Turn‑key studio investment near Baltic Triangle amenities and student demand.
24-hour concierge, on-site management and communal facilities
Fully furnished studio with kitchenette and shower room included
Bills (electricity, water, WiFi) advertised as inclusive
Top-floor unit with a small balcony and city views
Typical rents £500–£650pcm; marketed average yields ~7%
Tenure is leasehold; sale noted as cash-only
Electric room heaters — higher energy costs possible for tenants
Located in a deprived area; crime level reported as average
Set in Norfolk House within Liverpool’s Baltic Triangle, this fully furnished studio is presented as a straightforward buy-to-let opportunity. The block offers 24-hour concierge, on-site management, communal launderette, secure bike storage and a residents’ gym — conveniences that support sustained lettings to students and young professionals.

The property is offered with inclusive utilities and is currently advertised as fully let in the development, with nearby studios typically renting £500–£650pcm and average yields around 7%. Studio 98 sits on the top floor and includes a small balcony with city views, making it a simple, turn‑key income unit for an investor seeking hands-off returns.

Internally the layout is compact and modern: a kitchenette, shower bathroom and a combined living/sleeping area. The studio is heated by electric room heaters rather than gas central heating, and walls have average insulation performance. These features are typical for modern city studios but may mean higher ongoing energy costs for tenants.

Important practical notes: the sale is leasehold and listed as cash-only. The building is in a busy, creative neighbourhood with excellent broadband and transport links but sits within an area classed as deprived and with average crime levels—factors to weigh against rental demand from students and young professionals. Overall, this is a low-management, income-focused buy for someone prioritising occupancy and convenience over a larger capital property.

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