Studio flat for sale

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Studio flat for sale

31 Block A, 27 Gradwell Street, Liverpool, L1
£64,000

Price History

Initial price £80,000
14/01/25 £69,000
09/04/25 £64,000
Price Change -20.00%

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.