Immediate rental income in a lively central location with private parking.
Seventh-floor apartment with panoramic waterfront views
A seventh-floor two-bedroom apartment with sweeping waterfront views and a parking space, currently let at £1,250 pcm. The open-plan living/kitchen is bright, with large windows and modern finishes from the 2007–2011 build period. Lift access, double glazing and an en-suite to the master add practical comfort for tenants and owners.
This lot suits investors seeking an immediate income stream — the current tenancy and central L1 location provide strong rental appeal, especially to students and young professionals. The property is leasehold with 108 years remaining and an EPC rating of C.
Buyers should note the sale is by auction (Modern Method of Auction). There are notable ongoing costs: service charge £1,113.40 per quarter, ground rent £175 per year, plus separate car park charges. Auction fees apply (Buyer Information Pack £349; non-refundable reservation fee 4.5% of purchase price, minimum £6,600).
This is a straightforward, well-located flat that delivers waterfront views and immediate rental income, but purchasers must factor in high quarterly service charges, ground rents, the auction purchase process and local crime levels when assessing net returns.
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