Low-cost, characterful investment with immediate rental potential.
Third-floor studio in converted Victorian commercial building
Open-plan living maximises compact floor area for single occupant use
Arched windows and exposed brick offer period character
Chain free — immediate completion possible
Double/secondary glazing installed; electric/community heating
Very slow broadband speeds reported — poor for remote work
High local crime and area deprivation; suitability limited
Leasehold — check lease length, charges and letting restrictions
This third-floor studio in a striking Victorian conversion offers a compact, low-maintenance city base with immediate rental appeal. The building’s period façade and arched windows give the apartment character while the open-plan layout maximises usable space for a single occupant or rental letting.
The apartment is offered chain free and marketed as an investment opportunity in a busy L1 neighbourhood popular with students and city workers. Practical features include double (secondary) glazing and electric heating via a community scheme, though broadband speeds in the area are reported very slow.
Buyers should be aware of the property’s limitations: the accommodation is small, suited to single occupancy or short-term lets, and the area records very high crime levels and general deprivation. The leasehold tenure means buyers must check lease length, service charges and any restrictions for letting or alterations before committing.
For an investor seeking a low-entry-price city-centre buy-to-let or a first-time buyer wanting an affordable pied-à-terre, this studio represents a straightforward, characterful option — provided the constraints around size, services and local market conditions are acceptable.
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