Canal-side two-bedroom apartment with tenant-in-situ and parking — ready for investors or first-time buyers.
Two double bedrooms with open-plan living and kitchen area
Floor-to-ceiling UPVC double glazing and integrated appliances
Balcony facing canal basin plus communal garden and lift access
Allocated permit parking; intercom entry; tenant-in-situ option
Leasehold — 119 years remaining; service charge ~£1,630 pa
Ground rent £250 pa; average-sized 732 sq ft apartment
Electric room heaters on low-tariff supply — monitor energy costs
Local area: high crime and very deprived — affects demand/resale
Set on the second floor of a modern development beside the canal basin, this two-bedroom apartment offers straightforward, low-maintenance living and immediate rental potential. The open-plan living and kitchen area is bright thanks to large windows and floor-to-ceiling UPVC glazing; integrated appliances and laminate flooring keep running costs and upkeep modest. A balcony overlooks the waterfront and communal garden, adding appeal for tenants or owner-occupiers seeking canal-side living.
Practicalities that matter: the flat is leasehold with 119 years remaining, an average-sized 732 sq ft footprint, and an annual service charge of around £1,630 plus a small ground rent (£250). Heating is electric via low-tariff supply and room heaters, so energy costs should be monitored despite the advertised tariff. Allocated permit parking, lift access and intercom entry increase convenience for residents.
This home will suit investors looking for a tenant-ready property (current tenants can remain) or buyers wanting a modern, compact apartment close to local amenities. Be aware the wider area records higher crime levels and significant area deprivation, which can affect long-term rental demand and resale values. The building has no flooding risk and benefits from excellent mobile signal and fast broadband — positives for modern renters.
Viewing is recommended to assess condition and rental potential in person. The apartment presents a low-upkeep, contemporary package with clear income potential, but buyers should factor in communal costs, electric heating, and local neighbourhood challenges when calculating yield or suitability.