Compact urban apartment with garage and strong rental potential for investors.
- Two bedrooms with en-suite to the master bedroom
- Small balcony facing the city centre
- Private garage included for secure parking
- Leasehold with 121 years remaining
- Will be sold at auction; purchase needs pre-arranged finance
- Located in a multicultural student neighbourhood; high rental demand
- Very high local crime level; affects insurance and tenant appeal
- Excellent mobile signal and fast broadband speeds
This two-bedroom, two-bath apartment sits in the city centre and offers straightforward rental appeal for investors targeting students or young professionals. The property includes an en-suite to the master bedroom, a compact balcony, and a private garage — practical benefits for city living and tenant convenience. The flat has a contemporary interior and good digital connectivity, useful for modern renters.
The property is leasehold with 121 years remaining; the long lease provides medium-term security but means ground rent and service charge considerations may apply. It will be sold at auction, which can accelerate purchase but requires pre-arranged financing and a clear budget for any immediate works or letting fees. The neighbourhood is a multicultural, cosmopolitan student area — strong rental demand but also potential turnover and daytime/night-time activity.
Material negatives are factual and important: local crime levels are rated very high, which can affect tenant choice, insurance costs and rent levels. Expect typical city-centre noise and the lifestyle associated with a student-driven district. Flood risk is low and digital connectivity is excellent, supporting online working tenants.
For a buyer comfortable with leasehold ownership in a busy urban location, this apartment offers a compact, lettable package with a garage and en-suite. Investors should factor auction timing, potential management costs, and safety/insurance implications into their purchase decision.
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