Studio flat for sale

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Studio flat for sale

72 Norfolk House 2 42 Simpson Street, Liverpool, L1
£60,000

Our Summary

  • Now halfway into 2024 the housing market is showing signs of steadiness and growth, offering potential benefits to investors

Description

Norfolk House, a studio apartment in the heart of Liverpool's Baltic Triangle, is an ideal investment opportunity for first-time investors or those looking to expand their portfolio. The studio, known as Studio 72, features a private balcony with views of the Albert Dock and is currently rented out for £825 per month until May 2025, generating a 9.4% yield. The property is located in a popular area for students and young professionals, with shops, amenities, and cultural attractions nearby. The studio is fully furnished and includes a kitchenette, bathroom, and study desk, as well as utility bills and WiFi included in the rent. With a concierge and management team on site, tenants will have access to communal facilities, including a launderette and secure bike storage. The Baltic Triangle is a thriving area with a mix of old and new, and Liverpool's property market has shown robust growth, with predictions of further increases in house prices and rental yields.
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