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Studio flat for sale
31 Block A, 27 Gradwell Street, Liverpool, L1
£64,000
31 Block A, 27 Gradwell Street, Liverpool, L1
£64,000
Our Summary
- Great Investment Opportunity
- Now halfway into 2024 the housing market is showing signs of steadiness and growth, offering potential benefits to investors
Description
This property, located in the heart of Liverpool's city centre, is a fantastic investment opportunity. The studio apartment, number 31, is already rented out for £675 per month, making it a great source of passive income. The development, One Wolstenholme Square, features modern and affordable apartments, as well as luxury amenities such as a 24-hour concierge service, roof terraces, and communal laundry rooms. The location is ideal, with Liverpool One shopping centre and the Albert Dock nearby, as well as a variety of bars and restaurants in the Baltic Triangle. The property market in Liverpool has seen significant growth in recent years, with house prices increasing by 41% over five years. Despite a slight decrease in prices last year, the market is expected to continue growing, driven by city improvements, a strong economy, and increased interest from buyers and investors. With average rental yields ranging between 4-9%, this property is a great opportunity for investors to generate a steady income.