**Standout Features:**
- **Type:** 6-bedroom flat with 6 en-suites
- **Size:** 1,228 sq ft
- **Location:** Highly sought-after cosmopolitan student neighborhood
- **Rental Potential:** Current rental income of £2,300/month
- **Condition:** Modern building constructed between 2003-2006
- **Leasehold:** 108 years remaining
- **Accessibility:** Excellent mobile signal and fast broadband
**Concerns:**
- Service charge is notably high at £9,404/year
- Cash buyers only due to leasehold nature and current tenant status
- Area classified as very deprived, which may affect future appreciation
This excellent investment opportunity features a modern flat that’s perfectly suited for cash buyers seeking reliable rental income. Located in a vibrant student neighborhood, the property is currently tenanted, yielding an impressive £2,300 per month, making it an ideal addition for investors looking for a profitable venture. The flat boasts six spacious bedrooms, each with its own en-suite, alongside a bright open-plan kitchen and living area, ensuring comfort and convenience for tenants.
However, potential buyers should note the high service charge and the area’s classification as very deprived. Still, with excellent mobile connectivity, fast broadband, and solid rental demand from the surrounding student population, this property offers remarkable future potential. Don’t miss out on this chain-free opportunity in a prime location; it’s a rare find on the market!
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