Apartment 10 21 Cumberland Street, Liverpool, L1 6BU

Description

Nestled in the vibrant heart of Liverpool, 21 Cumberland Street presents an exceptional investment opportunity with this well-appointed one-bedroom apartment. This purpose-built residence is ideally located just off Victoria Street, within easy reach of a selection of bars, restaurants, and the bustling Liverpool One shopping district. The property is currently tenanted providing a rental income of £800pcm/£9,600pa gross. The apartment is situated on the second floor and also benefits from secure allocated parking for one vehicle, a valuable asset in the city centre.

Accommodation

Entrance Hall with storage cupboard, double bedroom, bathroom, open plan kitchen/lounge/dining area, with Juliet balcony. Secure allocated parking for one vehicle, under Croft Car Parking

Location

The apartment is located on Cumberland Street which sits between Dale Street and Victoria Street in the heart of Liverpool City Centre with local amenities within short walk, public transport to the end of the road, tunnel access close by.

Auction Information

Tenure

Tenanted. The legal pack is the definitive source for lease length, title, covenants, service charges, ground rent and special conditions.

Council Tax

Band B.

Investment Analysis

Market Comparables

Use recent Land Registry sold evidence and genuinely comparable current/let rental evidence for the same micro-location, accommodation, tenure and condition. Venmore’s stated rents or rental opinions are retained as auctioneer evidence where supplied; HB screening figures are not a formal valuation.

Proposed Works

HB desktop allowance: £5,000. Scope should be confirmed from inspection, photographs, survey and contractor pricing. Prioritise structure, roof/damp, services, heating/electrics, windows, kitchens/bathrooms, decoration and external works only where relevant to this specific property.

Rental Value

Low / Base / High Investment Scenario

Specialist Development Analysis

Assess planning status, conditions, affordable-housing/CIL/S106 exposure, access, services, abnormal ground costs, professional fees and finance through a residual appraisal. Lapsed or illustrative planning is not treated as implementable consent.

Maximum Bid Indicator

Derive the bid from verified end value less build/site costs, buyer fee, legal/professional fees, finance, holding, contingency, selling costs and required developer profit. SDLT is buyer-specific and is not included in this desktop screen.

Strategy Recommendation

Development/land strategy only where planning and legal due diligence support it; otherwise assess on existing-use value.

Strategy Rating

Development: ★★★☆☆ | Land Hold: ★★★☆☆ | BTL: Not applicable until a lawful dwelling exists

Key Risks

Listed-building constraints, legal-pack special conditions, condition/survey, finance and valuation risk.

Analysis Confidence

Medium for facts reproduced from Venmore’s particulars; low-to-medium for HB desktop works/value screens until inspection, legal-pack review, direct sold/rental comparables and contractor/QS pricing are completed.