# 2 bedroom apartment for rent (L5 7AA) ## Property Details | Key | Value | |-----|-------| | Address | Herriot Street, Liverpool, Merseyside, L5, L5 7AA | | Price | £950 pcm | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £107,995 | ## Description Stylish Two-Bedroom Apartment | City Residence | Liverpool L5 | Private Patio | Parking Available Available now is this beautifully presented two-bedroom apartment in the popular City Residence development in Liverpool (L5) - perfectly positioned for convenient city living. Offered fully furnished, this modern apartment is ideal for professionals, couples or sharers seeking comfort, space and excellent connectivity. The bright and spacious open-plan living area provides a welcoming environment to relax and entertain, with large windows allowing plenty of natural light throughout. Patio doors open directly onto a private outdoor patio area, offering a fantastic extension of the living space - perfect for outdoor dining, morning coffee or unwinding in your own secluded setting. The contemporary kitchen is fully fitted with integrated appliances, ample storage and generous worktop space, combining practicality with modern style. There are two well-proportioned bedrooms, each furnished to a high standard, along with a sleek family bathroom finished with quality fixtures and fittings. Location is a key highlight: Sandhills Train Station is just a short walk away, providing excellent transport links. Liverpool City Centre is easily accessible, ideal for commuters. Numerous bus routes operate nearby, offering convenient connections across the city. Additional benefits include: Fully furnished throughout Secure development Parking available for just £50 per month This apartment offers the perfect balance of indoor comfort and private outdoor space in a well-connected location. Early viewing is highly recommended to avoid disappointment. ## Property Photos - ![Photo](/listings/photos/172858730/740426) - ![Photo](/listings/photos/172858730/740427) - ![Photo](/listings/photos/172858730/740430) - ![Photo](/listings/photos/172858730/740432) - ![Photo](/listings/photos/172858730/740433) - ![Photo](/listings/photos/172858730/740435) - ![Photo](/listings/photos/172858730/740437) - ![Photo](/listings/photos/172858730/740444) - ![Photo](/listings/photos/172858730/740445) - ![Photo](/listings/photos/172858730/740447) ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | TOBACCO WHARF, 51 APARTMENT 4 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XS | £108,000 | 19/12/2025 | Flat | | TOBACCO WHARF, 51 APARTMENT 82 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £110,000 | 05/12/2025 | Flat | | TOBACCO WHARF, 51 APARTMENT 43 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £105,000 | 06/11/2024 | Flat | | 49 APARTMENT 6 GREAT MERSEY STREET, LIVERPOOL, MERSEYSIDE, L5 7SS | £160,000 | 16/11/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 86 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £200,000 | 18/09/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 48 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 78 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 36 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £117,000 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 80 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 50 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 98 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 56 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 43 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £133,380 | 08/08/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 27 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/08/2023 | Flat | | 49 APARTMENT 5 GREAT MERSEY STREET, LIVERPOOL, MERSEYSIDE, L5 7SS | £120,000 | 21/06/2023 | Flat | | 11 APARTMENT 1 LEMON STREET, LIVERPOOL, MERSEYSIDE, L5 7TB | £145,000 | 24/05/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 73 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £132,210 | 08/01/2023 | Flat | | TOBACCO WHARF, 51 APARTMENT 21 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XS | £73,000 | 16/12/2022 | Flat | | TOBACCO WHARF, 51 APARTMENT 116 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XB | £70,000 | 16/12/2022 | Flat | | TOBACCO WHARF, 51 APARTMENT 26 COMMERCIAL ROAD, LIVERPOOL, MERSEYSIDE, L5 9XS | £115,000 | 12/07/2022 | Flat | **Area average:** £125,703 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £70,134 (9 Flat, L5, 2024–2026) - **Deviation:** -98.6% ## Rental Range *ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £859/mo - **Realistic:** £954/mo - **Optimistic:** £1,049/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Greater Liverpool (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £593/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Tobacco Wharf, L5 | £1,200/mo | 2 | 0.15 miles | OpenRent | | 2 Bed Terraced House, Gorst St, L4 | £795/mo | 2 | 0.78 miles | OpenRent | **Average rent: £998/mo (2 listings)** ## 1% Rule - **Rent ratio:** 105.05% (strong) - **Max investor price (0.8%):** £124,750 - **Target investor price (1%):** £99,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £998/mo).* - **Gross yield:** 1260.6% - **Cost-to-rent:** 0.1× - **Monthly cashflow:** £869/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3787.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -8.3% - **10y growth:** 9.7% ## House Price Index (HM Land Registry) *Official index for North West; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -7.4% - **5y growth (index):** 6.8% - **10y growth (index):** 45.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)