The opportunity to buy a property on one of the city's busiest streets has been presented but it's not your average home.
Those interested in the studio apartment won't be able to live in the property but will instead be investing in a 'unique' opportunity. The room is for sale on the bustling Bold Street in the fully operational hotel - Boudoir Liverpool.
Described as being in the country's 'number one investment location' , the buyer will be able to make a return profit from the room by allowing travellers to book it out. Listed on Rightmove, with Elite Realty Invest, the apartment is priced at £90,000 and comes fully furnished.
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According to sales figures, gathered by Rightmove, properties in the area had an overall average price of £176,866 over the last year. Most of the sales included in the data, during the last year were flats, selling for an average price of £173,320.
While terraced properties sold for an average of £200,625, with semi-detached properties fetching £248,612. Overall, sold prices in Liverpool City Centre over the last year were 7% up on the previous year and similar to the 2008 peak of £176,100.
The hotel has been taking bookings on websites such as Booking.com since November 2021 and currently has more than 200 reviews. It's got an average rating of 8.5 out of 10 with reviews saying the location, comfort and cleanliness are the best highlights. There are 17 rooms available across the whole hotel, with a bar and events space on the top floor also available to be booked.
Elite Realty Invest say they are offering a guide to becoming an investor in the city, with a team to help explain every step of the process. The investment listing reads: "Occupancy levels and profit-per-room (revenue per available room) are all rising despite their being almost double the number of hotel rooms in the city than there were in 2008.
"October 2017 saw the highest ever weekend average revenue per available room peak at £104.63. The figures reflect the rise in value of the Liverpool city region visitor economy which is now estimated to be worth around £4.3bn a year.
"From a developer and investor perspective, Liverpool is set to enjoy growth in the hotel sector for some time to come with room occupancy set to increase into the foreseeable future with more capacity required year on year." View more images and information about the property on Rightmove here.
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