Summary - APARTMENT 80, BROADGATE HOUSE, 2, BROAD STREET BD1 4QQ
1 bed 1 bath Apartment
Immediate rental income with long lease and lift access, strong headline yield potential.
Currently tenanted at £600 pcm (tenancy until 26/01/2026)
This one-bedroom duplex in Broadgate House presents a clear investor proposition: a long lease (102 years) and an existing assured tenancy producing £600 pcm. The building combines Victorian industrial character with a modernised reception, lift access and key-fob entry, offering straightforward lettability in an inner-city location.
The apartment provides a large open-plan lounge/kitchen with integrated appliances and a generous bedroom area across two levels, laid out for efficient rental use. Service charge and ground rent are explicit (annual service charge £1,445.20; ground rent £301.59), and the current tenancy runs to 26/01/2026, giving immediate income and tenancy security.
Buyers should weigh notable running costs and local conditions: EPC rating D, electric room heaters (no communal gas), very slow broadband speeds, and a very high local crime score. The area is deprived and inner-city; these factors affect management, tenant profile and long-term capital growth.
For a cash-focused investor this offers strong headline yield potential against a modest headline price and a long lease. It will suit someone prepared to manage an urban let, or to invest further (energy upgrades, broadband improvements) to enhance value and tenant appeal.
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