Chain-free 1-bed investment with long lease, concierge and lift access..
Ninth-floor one-bedroom apartment, open-plan layout
A chain-free, ninth-floor one-bedroom apartment presented in good condition and offered with a long lease. The open-plan kitchen/reception is compact but well equipped with integrated appliances, and the block provides lift access, 24-hour concierge and city views.
Currently let, the flat suits an investor seeking immediate rental income and low-entry ownership in central NG1. The apartment is double-glazed and modern-built (2003–2006), with a practical bathroom and useful storage off the hallway.
Buyers should note the property is small (approx. 455 sq ft) and the sleeping area is open-plan rather than a separate room. Heating is by electric room heaters rather than a communal central system, and annual outgoings include a service charge of about £1,050 and ground rent of £250.
Located in a multicultural, cosmopolitan student neighbourhood with fast broadband and excellent mobile signal, the location supports rental demand but sits within a very deprived area classification. The long lease (circa 136–137 years remaining) reduces long-term leasehold risk, but investors should factor in tenancy status and running costs when assessing yield.