Well-located, tenant-in-situ one-bed with communal roof terraces and long lease.
Third-floor one-bedroom apartment, 522 sq ft
A compact, modern one-bedroom apartment on the third floor of Royal Crescent Apartments, positioned close to Ocean Village and city amenities. The open-plan living/kitchen and integrated appliances make the flat low-effort to rent or occupy, while communal areas and two resident roof terraces add sought-after outdoor space and city views.
This apartment is currently rented until the end of August, making it suitable for buy-to-let investors seeking immediate rental income or buyers happy to wait until vacant possession. The lease has 119 years remaining, giving long-term security; however, annual service charges of about £2,000 and a small ground rent of £150 are payable and should be factored into investment returns.
Practical points: heating is by electric storage heaters, which can increase running costs compared with gas systems. The property is mid-terraced, of average size (522 sq ft) and sits in a cosmopolitan student neighbourhood with excellent mobile signal and fast broadband — positives for short-term lets or student tenants. Flood risk is reported as none and local crime is low.
Overall this apartment offers easy-to-manage accommodation in a lively, well-connected city location. It suits investors targeting the student/young-professional market or first-time buyers looking for a compact home near waterfront amenities, provided they accept higher service charges and electric heating.