Upper-floor city living with strong rental appeal and long lease.
Upper-floor one-bedroom with panoramic city skyline views
This one-bedroom apartment in the Islington Wharf development offers contemporary canal-side living with strong rental appeal. Positioned on an upper floor, floor-to-ceiling windows flood the open-plan living space with light and frame expansive city skyline views. The fitted kitchen, wood-effect flooring and modern bathroom present a move-in ready finish.
The property is chain free and comes with a long lease (232 years from 2007), making ownership straightforward. It is currently let at £1,000 per month on a rolling periodic tenancy, presenting immediate income for investors or an easy-let option for buyers wanting a low-effort rental. Excellent transport links and proximity to Piccadilly, New Islington Marina and a wide range of local amenities enhance tenant demand.
Buyers should note the service charge (£1,500pa) and ground rent (£250pa), which are material running costs. The building sits in a multicultural, student-oriented neighbourhood and the wider area is classified as deprived — factors that influence tenant mix and resale dynamics. The apartment is an average-sized 504 sq ft with standard ceiling heights, so space is efficient rather than generous.
Overall, this is a pragmatic purchase for an investor seeking immediate let income in a modern riverside development, or a first-time buyer wanting a well-specified city base with long lease security. Be aware of ongoing service charges and the local area profile when considering rental strategy or future resale.
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