Vacant, cash-only opportunity with immediate rental income potential in lively L1 location.
Vacant studio flat — immediate occupation or letting potential
This compact studio on Jamaica Street is a vacant, cash-only opportunity aimed at buyers seeking straightforward rental income or redevelopment potential. Located in the city centre, it sits in a student-and-professional neighbourhood with fast broadband and excellent mobile signal — useful for short-let or long-term lets. Estimated rent is around £700 pcm (see full property pack for assumptions).
The flat is leasehold with one shower room and an open-plan studio layout. The building appears modern and well-presented externally, with generous windows and contemporary finishes typical of student-targeted accommodation. There is no recorded flood risk.
Important buyer considerations: the sale is cash-only and a buyer’s premium will apply to secure the purchase. The postcode sits within a very deprived area, which may affect long-term capital growth and tenant profile. This property will likely attract interest from serious investors or developers prepared to manage leasehold terms and the local market dynamics.
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