Summary - Flat 8, Waterside, St. Nicholas Street CV1 4LZ
1 bed 1 bath Apartment
**Key Features:**
- Gross yield of 8.6%
- Modern 1-bedroom, 1-bathroom apartment
- Open-plan living/kitchen area
- Furnished and currently tenanted at £750/month
- Close to city center and amenities
- Picturesque canal-side location
- Gated parking available
- Leasehold with annual service charge and ground rent
This modern first-floor apartment offers an attractive investment opportunity with a remarkable gross yield of 8.6%. Offering a cozy open-plan living space with ample natural light, the apartment comprises a comfortable lounge and kitchen area, a well-sized bedroom, and a functional shower room. Its location by the canal not only enhances the living experience but also provides scenic views, while immediate proximity to the city center ensures easy access to shops, bars, and restaurants.
The property is furnished and currently generating a robust rental income of £750 per month, making it an ideal choice for investors looking for solid returns in a cosmopolitan student neighbourhood. The apartment benefits from double-glazing and electric heating. The building is secure, featuring gated parking for added convenience.
Although the property is compact at 377 square feet and situated in a high crime area, it presents great potential for future value appreciation, especially given the vibrant local community. Don’t miss the chance to own this gem in a desirable location—properties like this won’t last long!
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