1 bedroom flat for sale

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1 bedroom flat for sale

The Tower, 19 Plaza Boulevard, Liverpool, L8
£80,000

Price History

Initial price £90,000
14/10/23 £88,000
24/07/24 £80,000
Price Change -11.11%

Description

This stunning 3rd floor studio apartment at X1 The Tower in the Baltic Triangle offers a rare opportunity for investors to receive immediate income. The property is tenanted, with a current rent of £700 per month, and comes with a tenant in place until March 2025. With a 999-year lease, this apartment is a long-term investment opportunity. The property is located in the heart of the Baltic Triangle, a popular area with high rental demand, and is within walking distance to the Albert Dock. The apartment is part of the X1 The Tower development, which has an EWS1 in place and offers excellent travel links to the city center and motorway. The studio apartment itself is 30.3 square meters in size and offers city centre views. With a ground rent of £513 per year, service charge of £1,285.19, and management fee of 9%+VAT, this property is a solid investment opportunity for those looking to generate passive income in a thriving area of Liverpool.