Summary - APARTMENT 75, NORFOLK HOUSE, 68, NORFOLK STREET L1 0DB
1 bed 1 bath Studio
Turnkey studio in Baltic Triangle with inclusive bills and onsite management.
24‑hour concierge, launderette, bike storage, roof terrace
A compact, self-contained studio in Norfolk House offering straightforward, hands-off rental potential. The flat is fully furnished and comes with bills (electricity, water and Wi‑Fi) included, and is part of a fully managed block with 24‑hour concierge, launderette, bike storage and communal roof terrace. With a long lease (242 years) and popular demand from students and young professionals in the Baltic Triangle, the property suits investors seeking a city-centre income stream.
Practical positives include fast broadband, city views and modern fixtures in a low‑maintenance block. Lettings for comparable studios in the building start around £600 pcm, so the flat can produce immediate rental income with minimal hands‑on work thanks to onsite management and inclusive utilities.
Notable cautions: the building sits in an area described as very deprived with average crime figures, so tenancy and exit strategies should reflect local market realities. Heating is provided by electric room heaters, which can increase running costs despite bills being included; buyers should confirm the tariff and cost arrangements used by management. Ground rent is £350 pa and service charges are low by local standards, but buyers should review detailed accounts and management terms before purchase. This sale is for cash buyers only, which limits finance options.
Overall, the studio is a pragmatic city-centre investment: modern, managed and ready to let, but best suited to buyers who accept inner‑city risk factors and cash purchase conditions.
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