One double bedroom with private balcony
Open-plan living/kitchen, 496 sq ft (46.1 sqm)
EWS1 certificate in place — B1 rating
Chain-free sale, immediate completion possible
Long lease remaining — c.227 years left
Service charge c. £1,901.72 pa; ground rent £150 pa
Electric room heaters only — higher running costs than gas
Located in cosmopolitan student area — potential noise/turnover
A compact, modern one-bedroom apartment in New Islington, offered chain-free and ready for immediate occupation or letting. The open-plan living area with a private balcony and integrated kitchen delivers straightforward city living across 496 sq ft. An EWS1 B1 certificate is in place.
Well suited to investors or first-time buyers seeking low-management accommodation: the listing shows a strong estimated rental yield (7.93% based on £925pcm). The long lease (around 227 years remaining) and nearby transport links — Piccadilly station and New Islington Metrolink within walking distance — support rental demand and resale appeal.
Costs and practical points are clear: annual service charge c. £1,901.72 and ground rent £150. Heating is by electric room heaters (new units recently installed), so running costs will be higher than gas-heated flats. The apartment is in a lively, cosmopolitan student neighbourhood, which can mean higher tenant turnover and local activity noise.
For buyers prioritising location, low entry price and rental income potential, this apartment represents straightforward city-centre access with minimal immediate work required. Those seeking larger living space, gas heating, or quieter residential streets should consider those factors before viewing.
