**Standout Features:**
- Recently renovated 2-bedroom ground floor flat
- Generating reliable rental income of £1,256.67 per month until July 2026
- Modern, open-plan kitchen and living area with high ceilings and integrated appliances
- Gated allocated parking space
- Long lease with 961 years remaining
- Gross yield of approximately 9.73%
**Concerns:**
- Located in a high crime area
- Area classified as very deprived
This newly renovated, 2-bedroom flat offers an excellent investment opportunity in a cosmopolitan student neighborhood, featuring a bright open-plan living space with modern finishes. Large windows enhance the airy feel, while high ceilings and contemporary kitchen cabinetry create a stylish atmosphere. Currently leased at £1,256.67 monthly until July 2026, this property ensures immediate revenue, catering ideally to investors looking for hassle-free additions to their portfolio.
While the area is known for its vibrant atmosphere and amenities like banks and grocery stores, it's important to note its high crime rate and deprivation levels. However, the gated parking offers a layer of security, making it appealing. With excellent broadband speeds and a low service charge of £1,320, this property presents a compelling case for both affordability and future growth potential. Don’t miss out on this turnkey investment priced at just £155,000, delivering strong yields in a rapidly developing area.
