21st-floor two-bed with balcony, parking and immediate rental income.
21st-floor river views and private balcony
Set on the 21st floor of the One Regent development, this two-bedroom, two-bath apartment delivers high-floor river views, a private balcony and allocated off-street parking. The building was completed in 2017 and benefits from landscaped riverside grounds and a communal garden, with contemporary Porcelanosa kitchens and bathrooms throughout. EWS1 B1 form is available.
Current tenancy runs until August 2026, making the property immediately income-producing for investors. Recent figures show a 6.04% rental yield at £1,350 pcm with a projected 6.72% yield at £1,500 pcm. The long lease (circa 244 years remaining) and an EPC rating of B support future mortgage and lettings prospects.
Running costs and specifications to note: the service charge is approximately £2,187 per year with ground rent around £350 pa and building insurance about £649 pa. Heating is electric room heaters, which can raise running costs compared with gas-heated homes. The property is in a busy, cosmopolitan student and city-centre neighbourhood, close to Deansgate, Spinningfields and excellent transport links.
This apartment suits investors seeking a city-centre, low-crime, well-connected rental asset with river views and solid rental history. Owner-occupiers should be aware of the existing tenancy until 2026 and the electric heating setup when assessing running costs.