Summary - Apartment 222, Orion Building, 90 Navigation Street B5 4AE
2 bed 1 bath Apartment
Central investment opportunity with parking and two bathrooms for flexible use.
Two double bedrooms with en‑suite and second bathroom
Allocated off‑street parking included — uncommon city‑centre benefit
Lease remaining approx. 103 years (leasehold)
Service charge £5,400pa and ground rent £440pa — above average running costs
Electric room heaters; no communal gas central heating
Very slow broadband speeds; may affect remote working and streaming
Situated in a busy, multicultural student neighbourhood with very high crime
No upward chain — potential for quicker sale completion
Set in the Orion Building on Navigation Street, this two-bedroom apartment offers a compact city-centre home or lettable investment near Grand Central and the Mailbox. The layout includes an en-suite plus a second bathroom, and the property comes with an allocated off-street parking space — a rare convenience for central locations.
Practical running costs and long-term ownership factors are clear: the lease has about 103 years remaining, annual service charge is £5,400 and ground rent is £440. Heating is by electric room heaters rather than a communal gas system, and broadband speeds in the area are reported very slow — important for home workers or streaming tenants.
The apartment was built in the mid-2000s and benefits from double glazing and contemporary finishes typical of modern city developments. That said, the neighbourhood records very high crime levels, which will affect occupier perceptions and may influence insurance and rental demand. There is no upward chain, which could speed a transaction for a buyer ready to proceed.
Overall this is a centrally located, compact apartment suited to buyers seeking city convenience and rental potential; it will particularly appeal to investors targeting student or short-term lets, or buyers wanting a ready-made city base who accept higher service charges and some limits (electric heating, slow broadband).
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