**Standout Features:**
- Fully furnished, one-bedroom ground floor apartment
- Spacious open plan lounge/kitchen/dining area
- Private rear garden and off-road parking
- Current rental income of £650 per month (11.6% gross yield)
- Double glazing and central heating
- Excellent mobile signal and fast broadband
- Leasehold with 243 years remaining, low ground rent (£100)
- Affordable Council Tax Band A
- Close proximity to city center and local amenities
**Notable Concerns:**
- High crime rate in the area
- Service charge of £1,700 per annum
- Property requires a maintenance review as solid brick walls have no insulation
This charming ground floor apartment offers a fantastic investment opportunity for both seasoned investors and first-time buyers. With its cozy open plan design, modern amenities, and a private rear garden, it's perfect for individuals or couples looking for comfort and convenience. The impressive rental yield of 11.6% makes it an enticing prospect, particularly given its desirable location close to the bustling city center and excellent local schools, including several with outstanding Ofsted ratings.
While the property is currently tenanted and generating a robust rental income, prospective buyers should be mindful of the maintenance concerns, including the lack of insulation in its solid brick walls. With a little effort, potential renovations could elevate the living experience even further. Don’t miss out on this exclusive opportunity—this apartment won’t be on the market for long!
