Chain-free two-bedroom buy-to-let with immediate rental income potential.
Chain-free fifth-floor apartment, can be sold with tenant in situ
Current rent £775pcm, proposed increase to £825pcm
Leasehold tenure — term and charges unknown
Double glazed windows; electric room heaters (higher running costs)
Compact rooms with signs of wear; minor refurbishment potential
Located in a very high crime area — affects insurance and tenant demand
No flooding risk; built c.2003–2006 with modern block construction
Excellent mobile signal and fast broadband — good for student/professional lets
This fifth-floor, two-bedroom apartment on Henry Street offers a compact, city-centre rental opportunity with immediate income. Located in a modern 2003–2006 block, the flat is currently let and can be sold with the tenant in situ — rent is collected at £775 pcm with planned increase to £825 pcm, making it attractive to buy-to-let purchasers wanting minimal delay to returns.
The interior is open-plan with an integrated kitchen, shower room, double glazing and electric room heaters. Its low-maintenance finishes and standard ceiling heights suit urban tenants such as students or young professionals from the surrounding cosmopolitan neighbourhood. No flooding risk and excellent mobile and fast broadband speeds support short‑term lettings and flexible working tenants.
Material points to note: the property is leasehold (details and remaining term unknown), heated by electric heaters (higher running costs than gas), and sits in a very high crime area which can affect tenant demand and insurance. The apartment is compact and shows signs of everyday wear; modest refurbishment could improve letting prospects and future rental value.
Overall, this is a straightforward, chain-free investment for a buyer prepared to manage tenancy, running costs and targeted improvements to boost yield.
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