Summary - 94 The Riverside M5 4SU
2 bed 2 bath Apartment
Modern two-bed waterside apartment with gated parking and strong rental yield..
Allocated gated parking available
Currently tenanted until Jan 2026 (vacant possession not immediate)
Strong current rental yield ~8.21% (projected 8.53% at £1,350 pcm)
645 sq ft; open-plan living/kitchen; Juliette balcony
Long leasehold: ~245 years remaining
Service charge ≈ £1,505 pa; ground rent ≈ £456.82 pa
Electric room heaters — potentially higher running costs
EPC rating B; EWS1 form available
This well-presented two-bedroom apartment in Riverside offers a secure, waterside location and strong income potential. At 645 sq ft, the home has an open-plan living/kitchen, two bathrooms and a Juliette balcony, all in a modern 2012+ development with allocated gated parking and an EWS1 form in place.
The property is currently tenanted until January 2026 and is delivering an attractive rental return (approximately 8.21% at £1,300 pcm; projected 8.53% at £1,350 pcm). Long leasehold tenure (approximately 245 years remaining) and an EPC B rating make this straightforward for buy-to-let buyers and mortgage applicants.
Buyers should note running and communal costs: a service charge of around £1,505 pa and ground rent approximately £456.82 pa. Heating is electric room heaters, which can raise running costs compared with gas-heated homes. The wider Riverside area is a cosmopolitan, student-and-commuter neighbourhood with busy local amenities and higher area deprivation indicators.
This apartment will suit investors seeking reliable rental income in a central waterside setting or commuters wanting a low-maintenance city base. The unit’s modern finish reduces immediate refurbishment needs, but those seeking lower ongoing energy bills should factor in the electric heating and service charges when assessing total costs.
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