Summary - Apartment 30, Cotton Mill, Cotton Street S3 8SW
1 bed 1 bath Apartment
Compact modern one-bed with tenant in place and strong projected yields — ideal for investors..
Tenant in situ delivering net yields up to 7.7%
A compact, modern one-bedroom apartment in Cotton Mill, completed in 2022 and offered with a tenant in situ producing net yields up to 7.7%. The open-plan layout and contemporary fittings give a low-maintenance, city-centre base ideal for investors wanting immediate rental income or first-time buyers seeking a ready-made home. The property benefits from a 10-year new homes warranty and a long lease (999 years), reducing long-term ownership uncertainty.
The interior is neatly specified with an on-trend kitchen and integrated appliances, a light bedroom with a minimalist fitted wardrobe, and a stylish shower room finished with full-height Porcelanosa tiling. Practical features include lift access, a secure cycle store and a useful utility/storage cupboard. The EPC B rating and average thermal performance are positives for running costs, though heating is by electric room heaters.
Important considerations: the apartment is small (approximately 377 sq ft) and located in an area with high crime statistics and very high local deprivation; these factors may affect tenant profile, resale prospects and mortgage availability. Service charge is £925.92 per year (noted as below average for the development) and the tenure is leasehold with a peppercorn ground rent.
Kelham Island is a vibrant, evolving neighbourhood known for bars, breweries, galleries and strong rental demand from students and young professionals. For investors seeking immediate income or buyers prioritising a low-maintenance, contemporary city pad, Apartment 30 offers a straightforward purchase with clear pros and cons to weigh against personal or investment priorities.
1 bedroom apartment for sale in Apartment 33 Cotton Mill, Kelham Island S3 — £158,865 • 1 bed • 1 bath • 409 ft²
1 bedroom apartment for sale in Apartment 24 Cotton Mill, Kelham Island S3 — £135,240 • 1 bed • 1 bath • 377 ft²
1 bedroom apartment for sale in Apartment 8 Cotton Mill, Kelham Island S3 — £125,265 • 1 bed • 1 bath • 377 ft²
1 bedroom apartment for sale in Apartment 81 Cotton Mill, Kelham Island S3 — £137,340 • 1 bed • 1 bath • 377 ft²
1 bedroom apartment for sale in Apartment 55 Cotton Mill, Kelham Island S3 — £135,240 • 1 bed • 1 bath • 377 ft²
1 bedroom apartment for sale in Apartment 53 Cotton Mill, Kelham Island S3 — £135,240 • 1 bed • 1 bath • 377 ft²
