Summary - 29 PARKFIELD ROAD AIGBURTH LIVERPOOL L17 8UG
2 bed 1 bath Apartment
Compact renovation project with strong rental upside near Sefton Park.
Long lease (999 years from 2006) and chain free sale
Needs full refurbishment and modernisation throughout
Typical achieved rents £1,200–£1,500 pcm after upgrade
Service charge approx £1,200pa; ground rent £100pa
No lift; flat is on the first floor
Off-street parking available within the block
Electric storage heating; double glazing pre-2002
Area records very high crime and high local deprivation
Set on sought-after Parkfield Road near Sefton Park and Lark Lane, this two-bedroom first-floor apartment sits in a Georgian period building and comes to market chain free. The flat is vacant and offered with a very long lease (999 years from 2006), making it straightforward for purchasers who want secure long-term ownership.
The apartment needs a full refurbishment: cosmetic and likely mechanical updates are required to bring the space up to modern standards. Heating is via electric storage heaters and mains electricity; double glazing was installed before 2002. Planned external re-rendering for the block is estimated at around £5,000.
For investors the numbers look attractive: typical local rents are quoted between £1,200 and £1,500 pcm depending on finish, with a low council tax band and reasonable service charge and ground rent. There is off-street parking available within the block and easy access to local amenities and transport links, but note the building has no lift and the flat is on the first floor.
Buyers should be aware of local context: the area records very high crime levels and is in a very deprived ward, which may affect tenant profile and insurance or management costs. The block charges approximately £1,200 per year service charge and £100 per year ground rent, and the flat is small at about 495 sqft, offering compact accommodation with project potential.
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