Ready-made let investment in a lively student-focused area with strong rental demand.
Seven-floor modern apartment with concierge, gym and swimming pool
A seventh-floor, two-bedroom apartment in the Litmus Building offering secure, city-centre living with on-site leisure facilities. The property is sold via the Modern Method of Auction and is currently let, presented as a ready-made investment with a stated gross yield figure at the current guide price. The long lease (977 years) and allocated off-street parking reduce common ownership risks, while concierge, gym and swimming-pool amenities add rental appeal.
Buyers should note the material selling terms: this is an auction sale with mandatory buyer fees including a non-refundable Reservation Fee of 4.5% (minimum £6,600) and a Buyer Information Pack fee (£300). Service charge is substantial at approximately £3,286.60 per year and heating is electric (room heaters), which can affect running costs and tenant demand in winter.
Internally the apartment is modern and neutrally finished with an open-plan kitchen/living, integrated appliances, master en-suite and a second double bedroom. At about 861 sq ft it is an average-sized flat for city-centre living and benefits from double glazing and modern construction (circa 2003–2006). EPC rating C and tenants in situ make it suitable for investors seeking immediate rental income, though purchasers should verify tenancy terms and running costs before bidding.
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