Studio flat for sale

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Studio flat for sale

148 Norfolk House 1, 68 Norfolk Street, Liverpool, L1
£62,000

Our Summary

  • Multiple large scale regeneration projects planned over the next 5 – 10 yeas including the completed royal Liverpool Hospital and the development of Liverpool Waters project has and will result in a housing demand in Liverpool

Description

This is a prime investment opportunity in Liverpool's bustling Baltic Triangle, offering a 9% yield through a studio apartment let until September 2026 for £750 per month. The property is part of Norfolk House Phase One, which features 24-hour concierge service, a roof terrace, bicycle storage, and a self-contained launderette. The studio is fully furnished and includes a 3-piece bathroom suite, double bed, wardrobe, study desk, and chair. Utility bills are inclusive, making it an attractive option for individuals, couples, or students. The Baltic Triangle is a vibrant area with a mix of old and new, featuring independent businesses, venues, and a thriving creative scene. Liverpool's property market has demonstrated robust growth, with a growing demand for housing and a predicted 28.7% long-term property growth by 2028. This investment offers a unique opportunity to capitalize on the city's regeneration projects, including the £5.5 billion waterfront transformation and the development of Liverpool Waters.