Affordable city living ideal for first-time buyers or buy-to-let investors.
No onward chain — ready for a quick purchase or let
Compact studio, approximately 377 sq ft of open-plan living
Resident 24‑hour gym and concierge included in building amenities
Leasehold with circa 120 years remaining; additional fees possible
Electric room heaters — check energy costs and comfort levels
City‑centre location with excellent transport and retail access
High local crime and area deprivation may affect desirability
Council tax very low, helping reduce ongoing costs
Set on the first floor of a modern red‑brick building in NR1, this compact studio offers an affordable city‑centre entry point. With 377 sq ft of open‑plan living, it suits a buyer seeking a low‑maintenance home or a rental investment close to universities and transport links. The flat is sold with no onward chain and comes with resident amenities including a 24‑hour gym and concierge.
Practical considerations are straightforward: the property is leasehold with around 120 years remaining, and main heating runs from electric room heaters. Council tax is very low, which helps running costs, but prospective buyers should note the electric heating and check energy performance for longer‑term bills and comfort.
The location is extremely central and convenient for shops, cafes and public transport, but the surrounding area scores high for crime and deprivation. That urban context affects resale and letting profiles—good for investors targeting city or student lets, less appealing for buyers prioritising quieter neighbourhoods.
Buyers should also allow for additional leasehold costs such as management or admin fees and verify measurements and services; a professional survey is recommended. Overall, this is a practical, budget‑friendly studio that delivers immediate access to city living, with clear trade‑offs around size, heating and local area indicators.
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