Tenanted two-bed flat with parking and strong rental yield in student neighbourhood..
- Currently tenanted at £1,200pcm (income-producing)
- 839 sqft open-plan living, modern integrated kitchen
- Two resident off-street parking spaces included
- Lease length: 131 years remaining
- Service charge £4,277/year (above average)
- Ground rent £250/year
- Heating: electric room heaters (no central gas)
- Council Tax Band E; EPC rating C
A practical investment in a bustling, cosmopolitan student neighbourhood, this two-bedroom apartment is currently tenanted at £1,200pcm, offering an attractive gross yield for buy-to-let buyers. The 839 sq ft open-plan layout delivers modern living space with good natural light, integrated kitchen appliances and two resident parking spaces included.
The building has a long lease (131 years remaining) and an EPC rating of C. Connectivity is excellent — fast broadband and strong mobile signal — and the wider area is affluent with very low crime, making the property straightforward to let to students or young professionals.
Buyers should note the higher running costs: an above-average service charge (£4,277/year, includes both parking spaces), ground rent (£250/year) and council tax band E. Heating relies on electric room heaters rather than central gas, which may increase energy bills. The apartment is sold with sitting tenants, so immediate vacant possession is not guaranteed.
Overall this is a modern, well-located flat that suits investors seeking reliable rental income in a student-focused market, or owner-occupiers prepared to purchase with tenants in situ and accept higher service and energy costs.
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