High-yield opportunity with long lease and ready rental appeal.
Allocated off-street parking space included
A compact, well-presented one-bedroom apartment in Verona Apartments offers clear rental potential for investors or first-time buyers looking for a manageable city-base. The open-plan living/kitchen and large window create a bright, efficient space; a double bedroom, contemporary bathroom and utility cupboard complete the layout. Allocated off-street parking and a very long lease (990 years) are practical ownership benefits.
Costs are explicit: annual service charge of £1,800 and ground rent of £350. Heating is electric room heaters and mains electricity supply — convenient but likely higher running costs than gas. The building and apartment are modern in appearance, but the property is small at about 344 sq ft, so storage and living space are limited.
Location delivers amenities, transport links and strong rental demand, though the immediate area is classified as deprived with higher local crime rates. Buyers should note the sale terms include a required deposit, a non-refundable £500 reservation fee, and purchasing conditions for cash buyers regarding searches and surveys.
This property suits buyers prioritising income return or a low-maintenance urban base. It rewards those seeking straightforward rental income or a compact home close to shops and public transport, while buyers sensitive to running costs or seeking larger space may prefer to look elsewhere.
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