Turnkey one-bedroom flat with premium amenities and long lease — strong lettability.
One-bedroom apartment, 517 sq ft, newly renovated, contemporary finishes
Long lease: 241 years remaining
On-site amenities: 24hr concierge, gym, pool, sauna, steam room
Good natural light and balcony; fifth-floor with lift access
Sonos sound system and upgraded granite kitchen surfaces
Parking in underground car park available by separate negotiation
High service charge ~£4,000 and high ground rent £4,200 — affects yields
Located in high-crime, deprived inner-city/student neighbourhood
This recently renovated one-bedroom apartment in Skyline House offers a compact, low-maintenance footprint (517 sq ft) with strong tenant appeal. The open-plan living room and upgraded kitchen with granite surfaces create a modern feel; large windows and a good-size balcony provide natural light and an elevated outlook over mature treetops and city roofs. On the fifth floor with lift access, the flat benefits from long leasehold tenure (241 years) and contemporary finishes including a Sonos sound system.
The development’s communal facilities are substantial: 24-hour concierge, gym, swimming pool, sauna and steam room enhance lettability and attract professional tenants or students. There is right to park in the underground car park (parking by separate negotiation) and off-street parking is available. Broadband and mobile signals are excellent, supporting work-from-home tenants.
Important financial and location considerations are plainly stated: service charge averages £4,000 and ground rent is listed at £4,200, both materially affect net yield calculations. The property sits in a high-crime, deprived, multicultural student neighbourhood and inner-city setting, which may influence rental bands and long-term capital growth compared with quieter suburbs. Heating is via a community scheme; interested parties should check costs and performance.
Overall, the flat is a turnkey buy-to-let or pied-à-terre that capitalises on strong communal amenities and recent refurbishment. It will suit investors seeking lettable central stock or buyers wanting a ready-to-move-in city base, provided the service charge and ground rent figures fit their return and running-cost expectations.
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