Fully furnished city-centre two-bed with concierge, gym and immediate rental income..
Two double bedrooms, fully furnished and ready to let
Prime Spinningfields location, abundant local restaurants and transport
24-hour concierge and on-site health & fitness suite included
Currently tenanted at £1,900 pcm — immediate rental income
Leasehold with 248 years remaining; EWS1 certificate in place
Service charge ~£3,751.08/year and ground rent £495/year
Single bathroom for two-bedroom unit may limit sharer rental appeal
Affluent, low-crime area but classified as student-heavy neighbourhood
This fully furnished two-bedroom apartment sits in a modern high-rise on New Bailey Street, a prime Spinningfields address with excellent transport links and abundant local amenities. The building offers 24-hour concierge, a health and fitness suite, and a contemporary lobby — features that appeal to professionals and city-centre tenants.
Currently tenanted at £1,900 pcm, the flat presents a straightforward investment opportunity with immediate rental income potential in an affluent, low-crime area popular with students and young professionals. The property is leasehold with 248 years remaining, and an EWS1 certificate is in place.
Buyers should note the yearly costs: service charge approximately £3,751 and ground rent £495. The apartment has one bathroom for two bedrooms, which may affect long-term rental flexibility for sharers. As a new-build, maintenance needs are currently low, but investors should budget for ongoing service charges.
Overall this apartment suits investors seeking a turn-key, city-centre let with concierge and on-site amenities. First-time buyers or downsizers who prioritise low-maintenance living and building facilities may also find it attractive, though factor in leasehold costs and the single-bathroom layout.