Ground-floor investment with parking and immediate rental income potential.
- Two double bedrooms, principal with en-suite shower
- Open-plan living and kitchen, approx. 6.17m x 4.56m
- Ground-floor apartment with allocated off-street parking
- Tenants in situ — immediate rental income potential
- Leasehold with 98 years remaining; check lease terms
- Service charge approx. £2,258 pa; ground rent £275 pa
- Small communal paved courtyard; no private garden
- Local area: high crime rate and very deprived classification
This ground-floor two-bedroom apartment in NR1 offers an immediate buy-to-let opportunity with tenants in situ and allocated off-street parking. The spacious open-plan living/kitchen and a principal en-suite bedroom give the flat practical rental appeal for professionals or students needing city-centre access.
Built post-2007 with double glazing and electric boiler heating, the property is low-maintenance and sits within a secure, purpose-built block. The accommodation (approx. 747 sq ft) is efficiently laid out and likely to attract steady demand due to its short walk to shops, transport links and local amenities.
There are important financial and location considerations: the flat is leasehold with 98 years remaining, an average service charge of £2,258 and ground rent around £275. The surrounding area is classified as very deprived with a high local crime rate, which may affect tenant profiles and rental premiums.
Outdoor space is communal and limited to a paved courtyard rather than a private garden, and outlooks face internal courtyards and neighbouring blocks. For investors seeking immediate income and low external maintenance, this central apartment is practical; buyers wanting quieter, long-term owner-occupation or substantial outdoor amenity should note the area context and tenure costs before viewing.
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