Compact waterside flat with strong rental potential and parking.
Allocated off-street parking space included
Waterside position with large, light-filled windows
Open-plan lounge/kitchen with practical layout
Bedroom benefits from an en suite bathroom
Small footprint ~388 sq ft — limited living space
Leasehold with service charge ≈ £1,200pa and ground rent £700pa
Electric storage heating — higher running costs likely
Local area shows very high crime and high deprivation
This compact one-bedroom apartment sits on the marina, offering direct waterside views and generous natural light from large windows. The open-plan lounge/kitchen and en suite bedroom make it a straightforward, low-maintenance home or rental unit for a single occupant or couple.
The property is presented in good, move-in-ready condition and includes an allocated off-street parking space. It can be sold with a sitting tenant, and advertised rental yields exceed 10%, underlining clear investor appeal in a central waterfront location with fast broadband and excellent mobile signal.
Buyers should note material drawbacks: the flat is small at about 388 sq ft, is leasehold, and carries a relatively high annual service charge (circa £1,200) plus an expensive ground rent (£700). Heating is via electric storage heaters and the wider area records very high crime levels and significant deprivation, factors that may affect resale and tenant demand.
Overall, this is a pragmatic waterside investment or compact home for someone prioritising location and low upkeep over internal space. Prospective purchasers — particularly investors — should factor in running costs, lease terms, and local area considerations before bidding.
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