Newly renovated riverside flat with Juliette balconies and strong rental potential.
Newly renovated two-bedroom riverside flat, circa 593 sq ft
A newly renovated two-bedroom riverside apartment offering clear rental appeal in Ouseburn Wharf. The open-plan living/kitchen and Juliette balconies provide attractive river views that are likely to let well to students or young professionals seeking a central, vibrant location. Fast broadband and excellent mobile signal support modern renters and remote workers.
The flat is compact at approximately 593 sq ft but efficiently laid out; the master bedroom includes an en-suite-style arrangement within the single bathroom layout. The property comes with a long lease (circa 230 years) which reduces long-term title risk for buyers.
Buyers should budget for fixed running costs: an annual service charge around £2,051 and ground rent of £200. Heating is by electric storage heaters, which can be more costly than gas in winter. The wider area has very high crime and is classified as very deprived, a material downside that can affect insurance premiums, tenant mix and resale expectations.
Overall this is a value-conscious purchase for an investor or a first-time buyer looking for move-in ready accommodation with strong location appeal. The apartment’s recent renovation, riverside position and transport links make it easy to market, but factor in running costs and local area challenges when assessing yield and long-term plans.
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