Property Details

Studio flat for sale For Sale

508 Block C, 3 One Wolstenholme Square, Liverpool, L1

£65,000

ROI = 17% BMV = 58.91%

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Description

Urban Evolution are pleased to market this modern spacious studio, rented for £650pcm till May 2025...GIVING 8.6% YIELD!! Enquire today for more information and to arrange your viewing. One Wolstenholme Square is a newly built 5 block developments consisting of 470 modern yet affordable studio apartments & 20 prestigious onebedroom apartments. All come with the added luxury of an onsite 24hour concierge service, roof terrace (block dependant), bicycle storage facilities & a self-contained communal laundry room in each block. Located in the heart of Liverpool’s bustling city centre, you'll have the shops & amenities of Liverpool One just a stone’s throw away with the historical culture of the Albert Dock also nearby. Take a brief walk in the opposite direction & you will find a wealth of bars & restaurants in the Baltic Triangle. In a nutshell, your new home is situated at the centre of everything exciting Liverpool has to offer! The new development area of Wolstenholme Square includes several bars and restaurants, such as: Patterson's, Backyard, Clockwork and soon to be a new coffee house! All on your doorstep to spend your free time relaxing, or setup with your laptop to get some productive hours in. Market Growth in Liverpool: Liverpool’s property market known for its unique mix of historical allure and contemporary features not only maintained its value but also demonstrated robust growth. Consequently, this has further cemented Liverpool’s position as an attractive location for both seasoned and new investors. In 2023 Liverpool’s housing market stayed strong despite a 2% decrease on house prices from March 2023 to February 2024, Now halfway into 2024 the housing market is showing signs of steadiness and growth, offering potential benefits to investors. Houses in Liverpool are about 44% cheaper than other areas in England and Wales, making Liverpool an attractively affordable option. It is about 30% cheaper than Manchester and 65% cheaper than London. Liverpool Market Trends: Over five years up to 2021, Liverpool saw house prices surge by 41%. This was the largest increase among UK cities. Expectations are high, predicting Liverpool’s house prices could surge over 20% by 2026. This upward trend is driven by city improvements, a strong economy and increased interest from buyers and investors, resulting in increased prices. Reasons to Invest in Liverpool: The arrivals of young professionals and students has boosted housing demand. Key urban projects such as the £5.5 billion Liverpool Waters are crucial for the city’s enchantment. Future projects like HS2 and Crossrail North will enhance connectivity. The average rental yields in Liverpool are currently at a 6 year high, ranging between 4-9% depending on the property and postcode.

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