City-centre modern home with private balcony and communal gardens.
5% deposit paid (£21,000) already contributed
Private third-floor balcony with quieter internal aspect
Open-plan living with dedicated home-office alcove
Principal bedroom with en-suite and fitted wardrobe
Gated development with concierge and landscaped communal gardens
Leasehold with c.169 years remaining; standard new-build tenure
High flood risk for postcode BS3 4HH — consider insurance costs
Local area: very high crime and high deprivation levels
This third-floor, two-bedroom apartment at Factory No.1 offers a bright, modern city base with a private balcony and flexible open-plan living. The layout creates distinct living and dining zones, a dedicated alcove for a home office, and a principal bedroom with an ensuite — suited to first-time buyers or city professionals wanting a compact, well-specified home. A 5% deposit worth £21,000 has already been paid.*
The development combines new build and conversion homes set around landscaped communal courtyards and terraces within a gated estate. Residents benefit from concierge, ample bike storage and a premium specification including integrated Smeg appliances. The apartment sits on the interior side of the development, offering a quieter balcony aspect while staying minutes from North Street’s shops, cafes and Bristol Temple Meads for direct trains to London.
Important practical points: the property is leasehold with about 169 years remaining and is in a postcode flagged for high flood risk and very high local crime levels. The wider area is economically deprived, so buyers should factor insurance, security and local-area considerations into their decision. Over 90% of the development is sold, so buying now offers immediate community scale but fewer resale comparables within the scheme.
In short, this is a modern, well-equipped two-bedroom apartment offering city convenience and communal outdoor space. It suits buyers seeking an urban home with work-from-home potential, but those concerned about flood risk, local crime statistics and the socio-economic profile of the immediate area should investigate these issues further before committing.
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