Compact, modern apartment — ideal for first-time buyers or town-centre investors.
One double bedroom with study/dressing area
This one-bedroom, first-floor apartment at Markham Quay offers a compact, low-maintenance home or a straightforward buy-to-let in a town-centre location. Neutral decor and carpets mean the flat is ready to rent or move into without immediate refurbishment. An open-plan kitchen/lounge with integrated appliances and a separate dressing/study area add practical, modern living within an average 500 sq ft footprint.
For investors the property is sold with a sitting tenant and currently shows an approximate gross rental yield of 6.3%. Practical perks include allocated parking in the communal car park, lift access to all floors and fast broadband/strong mobile signal — all attractive to young professionals and commuters. The location is convenient for the town centre, train station, Royal Hospital, college and links to the M1.
Be clear on the principal negatives: heating is via electric storage heaters, which can be more costly than gas and may concern some buyers. The property is leasehold (long lease remaining: 984 years) and sits in an area with higher crime statistics, which could affect some buyers’ perceptions and rental desirability. The apartment is modest in size, so it will suit single occupants, couples, or investors rather than families seeking larger space.
Overall this is a practical, modern apartment in an accessible town-centre complex. It suits first-time buyers wanting a move-in-ready home or investors seeking an income-producing asset with immediate occupation and good transport links.
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