Property Details

Studio flat for sale For Sale

73 Artesian, 10 - 14 Jamaica Street, Liverpool, L1

£50,000

ROI = 21% BMV = 67.56%

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Description

Let for £695pcm till September 2025...9.3% yield!! Enquire today for a sales brochure and viewing. This apartment at The Artesian consists of an on site gym, 24 hour concierge service, games room & self contained launderette facilities. Located in the heart of Liverpool’s bustling Baltic Triangle, you'll have the shops & amenities of Liverpool One just a short walking distance away with the historical culture of the Albert Dock nearby. Take a brief walk in the opposite direction & you'll find a wealth of bars & restaurants such as Ghetto Golf, the Baltic Market & Peaky Blinders. In a nutshell, your new investment is situated at the centre of everything exciting Liverpool has to offer! What’s included? Studio comes fully furnished to include a 3 piece bathroom suite, small double bed, wardrobe, TV, a study desk & chair as standard. In addition, kitchenette contain a fridge, 2 ring hob & extractor fan as well as a small dining table & chair(s). Utility bills such as electricity, water & WiFi are all inclusive. Overall, the building contains 99 high quality studio apartments across 5 floors with the ground floor housing an additional 9 commercial units. Studios are perfect for individuals, couples or students looking for independent living with a range of prices and layouts to suit your budget. Concierge and management staff will be based over the road at our Baltic office for your added convenience and security. Tenants will also have 24 hour access to the buildings’ communal facilities which include a gym, launderette & games room. 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 49% depending on the property and postcode.

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