Summary - Apartment 10, Block E, 12 Pollard Street M4 7AU
2 bed 2 bath Apartment
Immediate rental income with secure parking and long lease for investors.
8.1% gross yield, currently tenanted for immediate income
Balcony with direct water view from first-floor position
Secure garage parking included
Two double bedrooms; master has en-suite wet room
713 sq ft; modern build (2003–2006) with double glazing
Long lease (227 years) and low ground rent (£150 pa)
Service charge above average (£4,514.16 pa) — higher ongoing costs
Electric room heating (no central gas) may raise running costs
This first-floor two-bedroom apartment in Albion Works offers a straightforward buy-to-let proposition with proven rental performance. At 713 sq ft the flat includes two double bedrooms, an en-suite wet room to the master, a family bathroom and an open-plan living/kitchen leading to a balcony with water views. Secure garage parking is included and an EWS1 certificate is available, simplifying mortgage and letting processes.
The property is currently tenanted and delivers an estimated 8.1% yield, making it attractive to investors seeking immediate income. The long lease (227 years) and modest ground rent (£150 pa) are positive ownership features. Practical details such as double glazing, modern construction (2003–2006) and fast broadband/mobile connectivity support strong tenant demand in this area.
Buyers should note the above-average service charge (£4,514.16 pa) and electric room heating rather than a communal gas system; these factors affect running costs and tenant appeal. The development sits within a cosmopolitan, predominantly student neighbourhood and an area classed as more deprived—good for rental demand but potentially less suited to owner-occupiers seeking tranquillity or family-focused streets.
Overall this is a clear investment opportunity: secure parking, water views and immediate rental income balanced against higher service charges and electric heating. Investors comfortable with an urban, student-oriented location will find the combination of yield, long lease and EWS1 status compelling.
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