Ready-made rental income with long-term tenant and concierge.
Compact studio, 302 sq ft, modern furnished interior
A compact, newly built studio in One Wolstenholme Square offered with a long-term tenant in place. The apartment is self-contained, modernly furnished and benefits from a 24-hour concierge, communal laundry and communal cycle storage — practical features for rented city living.
This is a buy-to-let proposition: currently let at £725pcm to a mix of students and professionals until May 2026, producing the stated net yield for the current price. The 240-year lease and new-build specification reduce near-term major repair risk, but the apartment is small (302 sq ft) so resale and tenant profiles will be narrow.
Notable drawbacks are factual and material: sale is cash-only, broadband speeds in the block are reported very slow, heating is by electric room heaters which can be costly, and ground rent is £350. The surrounding area is a busy, multicultural student neighbourhood with very high recorded crime levels — important to factor into tenant demand and insurance costs.
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