Modern 527 sq ft apartment near major transport hubs, ready to rent or move into.
Long lease — 246 years remaining
This one-bedroom apartment in Priory House offers contemporary city-centre living with a long lease and low running costs on paper. The open-plan living/kitchen area and internal-facing balcony create a bright, practical layout for everyday living or letting. Built in 2022, finishes are modern and the block benefits from secure entry and close transport links.
Practical strengths include 527 sq ft of accommodation, a peppercorn ground rent and 246 years remaining on the lease, making ownership straightforward for first-time buyers or investors. The property can be sold with a tenant in situ for immediate rental income or with vacant possession for someone wanting to move in.
Buyers should be aware of material local issues: the surrounding area is classified as very deprived and crime levels are very high — both are important for personal safety and investment considerations. Heating is by electric room heaters rather than gas central heating, which may mean higher energy bills depending on use and tariff.
Overall this apartment suits a buyer seeking a modern, low-maintenance city base or an investor targeting strong rental demand near transport hubs. The combination of a long lease, contemporary specification and central location is a clear selling point, but weigh that against local deprivation and security considerations when deciding to view.
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