City-centre investment with strong rental demand and fast broadband.
Third-floor two-bedroom flat, open-plan kitchen/lounge
Located on the third floor of Montana House, this two-bedroom flat offers a compact, modern layout tailored to city-centre renters. The open-plan lounge/kitchen with integrated appliances and two decent bedrooms suit steady rental demand from students and young professionals. EPC B and fast broadband are practical advantages for leasing.
This is sold via the Modern Method of Auction — completion expected within 56 days and a non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600) applies. Service charge is comparatively high at about £2,679 pa and ground rent is £100 pa; buyers should factor these running costs into yield calculations.
Practical considerations: the property is leasehold with about 112 years remaining and heated by electric storage heaters. There is no private outdoor space and the overall internal footprint is small (approx. 602 sq ft), so it’s best suited to investors or buyers seeking a compact city pied-à-terre. Low flood risk and very low local crime are positive for tenancy security.
View this as a city-centre income opportunity with immediate rental appeal but some holding costs and auction purchase conditions to budget for. Interested bidders should review the Buyer Information Pack and check mortgage suitability before bidding.
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