Let until 2026 — low charges and long lease make this a ready-made investment..
One bedroom with Juliette balcony and good natural light
Currently let to March 2026 at £495 pcm (income assured)
Low service charge £54 pcm; ground rent £180 pa
107 years remaining on lease — long enough for most buyers
Sold by Modern Method of Auction; 56-day completion required
Non-refundable 4.5% reservation fee (min £6,600) applies
Electric heating (panel radiators) — potentially higher running costs
Location records very high crime and high area deprivation
This third-floor one-bedroom leasehold apartment in BD1 offers straightforward, low-maintenance city living with immediate rental income. Currently let to March 2026 at £495 pcm, it suits investors seeking an off-the-shelf let or a first-time buyer willing to take on a buy-to-let tenancy. The property has sealed-unit double glazing, electric panel radiators, EPC C and a Juliette balcony bringing light into the bedroom and living area.
Practical costs are clear: a low service charge (£54 pcm / £648 pa) and modest ground rent (£180 pa). The long lease (107 years) reduces immediate lease-renewal risk. The sale is by Modern Method of Auction — buyers should expect a 56-day completion, a non-refundable reservation fee of 4.5% (minimum £6,600) and a Buyer Information Pack fee (£349 inc. VAT).
Important negatives are factual: the location records very high crime and sits in a very deprived area, which may affect resale and letting prospects. Heating is electric (room heaters/panel radiators) rather than gas, so running costs can be higher. The property is sold leasehold and at auction — bidders must read the legal pack and confirm mortgage suitability before bidding.
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