Immediate rental income with allocated parking and long lease.
Tenant in situ paying £995 pcm, contract until 6 Aug 2026
Estimated net yield over 7% for investors
Allocated off-street parking space included
Open-plan living/kitchen with integrated appliances
EPC rating C; long lease ~126 years remaining
Service charge ~£1,502 pa; ground rent £200 pa
Located in a busy student-focused neighbourhood; high local crime
No private garden; fourth-floor flat with typical city views
This fourth-floor two-bedroom apartment in Queens House offers a straightforward, city-centre buy-to-let with strong income potential. The open-plan living/kitchen is bright, well-proportioned and fitted with integrated appliances; two comfortable double bedrooms and a modern fully tiled bathroom complete practical accommodation across about 625 sq ft.
The property is sold with a tenant in situ paying £995 pcm (contract until 6 August 2026), delivering an indicative net yield above 7%. It includes one allocated off-street parking space, a long lease (approx. 126 years remaining) and an EPC rating of C — all helpful for investors seeking immediate rental return and manageable holding costs.
Practical considerations are clear: the development sits in a busy, cosmopolitan student neighbourhood and local crime levels are high, which may affect long-term tenant mix and insurance costs. Service charge (£1,502 pa) and ground rent (£200 pa) apply; there is no private outdoor space. The current layout and condition suggest minimal immediate maintenance, but buyers should allow normal urban wear-and-tear updates over time.
Overall this is a pragmatic city-centre investment: ready-income, secure lease length and parking make it attractive for buy-to-let purchasers or portfolio builders, while buyers seeking quiet suburban living or external gardens should look elsewhere.
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