Modern balcony flat with in-place tenant — strong rental return in a vibrant marina setting.
- Second-floor one-bedroom apartment with large wrap-around balcony
- Tenants in place until June 2026, producing £1,240 pcm
- Built 2018; modern finishes and open-plan living
- Leasehold: 117 years remaining; ground rent £166 (small)
- Chain free sale by modern-method auction; reservation fee applies
- Electric storage heating — check running costs and comfort
- Excellent mobile signal and fast broadband; low crime area
- Small overall size; best suited to single occupant or investor
A compact one-bedroom apartment in a contemporary 2018 development at the entrance to Ocean Village, offered chain free via a modern-method auction. The flat sits on a second-floor elevated position with a large wrap-around balcony, delivering strong rental appeal and good natural light from floor-to-ceiling glazing. Tenants are in situ until June 2026, producing £1,240pcm, making the purchase straightforward for buy-to-let investors.
Practical details favour low ongoing hassle: 117 years remain on the lease, council tax is inexpensive, broadband and mobile signal are excellent, and the building sits in a low-crime, affluent city neighbourhood close to marina amenities, restaurants and transport. The apartment’s open-plan layout and contemporary finishes reflect recent construction and attract modern renters or first-time buyers comfortable with apartment living.
Important auction and ownership facts: the sale completes under a reservation agreement requiring a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and a buyer information pack fee payable before bidding. The property is leasehold with a small ground rent (£166) and electric storage heating—prospective buyers should confirm running costs and mortgage suitability before bidding.
This is a straightforward rental investment opportunity in a desirable marina location, or a compact city base for a professional who values a modern, low-maintenance home. Buyers wanting a long-term owner-occupied residence should note the tenancy until mid-2026 and check how leasehold terms fit their plans.
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