Ready-to-rent two-bedroom apartment near Monton Village and Ellesmere Park amenities.
- Two double bedrooms with a modern three-piece bathroom
- Open-plan living and dining room with bay-window light
- Contemporary fitted kitchen with ample storage
- Potential gross yield approx. 8.4% at £1,150 pcm rent
- Leasehold: 114 years remaining; service charge circa £1,080
- Ground rent £250 pa; annual running costs could be higher
- Electric room heaters and assumed no wall insulation
- Limited private outdoor space and on-street parking only
This well-presented two-bedroom first-floor apartment sits in a converted period building between Monton Village and the tree-lined streets of Ellesmere Park. The open-plan living and dining area receives good natural light from the bay window and the contemporary fitted kitchen provides practical storage and a modern feel. At 689 sq ft the layout is comfortable for a couple or sharers.
The property offers clear investment appeal: current figures suggest a potential rental income of £1,150 pcm (around an 8.4% yield). The flat benefits from fast broadband and excellent mobile signal, plus close proximity to local shops, cafes and public transport for easy access to the city centre. EPC rating D.
There are a number of material points buyers should note. The building is leasehold with 114 years remaining; annual service charge is approximately £1,080 and ground rent £250. Heating is by electric room heaters and the building’s timber-frame walls are assumed to lack insulation, so heating costs may be higher than gas-heated properties. The area is within a very deprived ward, which affects local socio-economic profile and could impact resale or tenant demand in some segments.
Externally the building is a period conversion with limited private outdoor space and on-street parking; internal modernisation or compliance upgrades (fire, access) may be required for long-term multi-let use. A survey is recommended to confirm condition, insulation, and any necessary remedial or compliance works before purchase.
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