Summary - Flat M/07, 1, Regent Road M3 4AY
3 bed 2 bath Apartment
- Three bedrooms, two bathrooms, open-plan layout, circa 850 sq ft
- Canal-facing balcony and communal garden
- Allocated off-street parking (additional charge applies)
- Built 2017 with contemporary Porcelanosa fittings
- Long lease remaining (about 244 years)
- Currently tenanted; advertised rental yield ~7% (let at £1,600 pcm)
- Main heating: electric room heaters (higher running costs)
- Service charge ~£2,186 pa; ground rent £350 pa
A well-presented three-bedroom apartment in the One Regent development, positioned on the podium with a canal-facing balcony and allocated off-street parking. The 850 sq ft open-plan layout was built in 2017 and benefits from contemporary Porcelanosa kitchens and bathrooms, an on-site communal garden and excellent access to Deansgate, Spinningfields and transport hubs.
This property is marketed both to investors and owner-occupiers. It is currently tenanted on a periodic basis with a reported rental yield around 7% at £1,600 pcm (projected 7.5% at £1,700 pcm if rental income increases). EWS1 B1 documentation is available and the development is described as having low crime and fast broadband — helpful for rental demand in this multicultural, student-friendly area.
Practical costs and specifics are straightforward: long lease (about 244 years remaining), average service charge around £2,186 pa, ground rent £350 pa and council tax in a moderate band. Heating is electric (room heaters), so energy costs may be higher than gas-heated homes and should be factored into running costs.
This apartment suits buy-to-let buyers seeking low-management urban stock near the city centre, or owner-occupiers wanting modern riverside living with good connectivity. Be aware of the ongoing service and ground rent liabilities, parking is charged extra, and the property is in a lively student neighbourhood rather than a quiet residential suburb.
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