Affordable central studio with utilities included, ready for immediate occupation or rental.
- Chain free, ready to move in
- Compact studio, approx 317 sq ft
- Utilities and broadband included in service charge
- Long lease remaining (around 248 years)
- Service charge high at £292.50/month
- Ground rent £150 every six months (£300pa)
- Located opposite major office redevelopment and transport hub
- Local area very deprived with very high crime levels
A compact, move‑in ready studio in the city centre, ideal for a first home, pied‑à‑terre or buy‑to‑let. The apartment has contemporary finishes, integrated appliances and a modern shower room within a practical open‑plan layout. Utilities and broadband are unusually included in the service charge, simplifying running costs.
The flat sits on a long lease (about 248 years remaining) and is offered chain‑free, making a quick purchase possible. Its location opposite major office redevelopment, with St Stephens shopping and Paragon transport hub moments away, suits commuting professionals and students. EPC rating C and Band A council tax keep energy and tax costs reasonable.
There are important negatives to note: the building sits in a very deprived neighbourhood with very high local crime levels, which may affect resale or lettability for some tenants. The apartment is small (approximately 317 sq ft) and service charges are substantial (£292.50/month) despite covering utilities and broadband. Heating is via a community scheme rather than a private boiler.
For investors the block has known strong rental demand and achievable yields, but factor in the service charge, ground rent and local area characteristics when calculating returns. For a buyer seeking an affordable, centrally located, low‑maintenance base, this studio presents clear value and immediate occupation potential.
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