Summary - 54a Regency Mews, Compton Road WV3 9PH
2 bed 2 bath Apartment
Ready-made rental with secured parking and long lease for buy-to-let investors.
Tenure: Leasehold — long lease (125 years from 2008) with 108 years remaining
Current rent: £750 pcm under 12-month AST starting 20 Sep 2025
Allocated communal parking with gated access and entry-phone system
Modern conversion (2011) with integrated kitchen appliances and ensuite
Heating: electric room heaters — higher running costs likely
Service charge £2,022 pa; ground rent £295 pa — factor into yield
No private garden; compact apartment of around 688 sq ft
Area: very deprived neighbourhood with high local crime rates
This first-floor, two-bedroom apartment in Regency Mews is presented primarily as an investment opportunity. Converted in 2011, the property currently sits with a 12-month AST due to start on 20 September 2025 at £750 pcm, offering immediate rental income. The block provides secured communal parking, an entry-phone system and allocated parking which suit city-centre tenants.
The flat has an open-plan living kitchen, principal bedroom with ensuite, second double bedroom and family bathroom. Fixtures include integrated kitchen appliances, tiled bathroom finishes and double-glazed sash-style windows. Broadband and mobile signal are reported as good, and the long lease (125 years from 2008) offers security of tenure.
Buyers should note material drawbacks and running costs: heating is by electric room heaters (no central gas), walls are solid brick with no assumed insulation, and both a substantial annual service charge (£2,022) and ground rent (£295) apply. The wider area is described as very deprived with high local crime statistics — factors that may affect tenant demand, yield and insurance premiums.
Overall, this is a straightforward buy-to-let suited to investors seeking a city-fringe letting with immediate income and low-maintenance communal areas. The property is compact with no private outdoor space; purchasers should factor in service charges, electricity heating costs and the neighbourhood profile when assessing net returns.
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