Let at £1,100 pcm with harbour views and allocated parking.
Sold with no onward chain
A two-bedroom leasehold apartment in Dolphin Quays positioned for income-focused buyers. The property is currently let at £1,100 pcm and is sold with no onward chain, making it a straightforward purchase for an investor looking to preserve rental income. The flat occupies about 78 sq m, has two bathrooms including an ensuite, and benefits from allocated off-street parking.
The building is contemporary (circa 2003–2006) and the apartment features a modern open-plan living/kitchen area with integrated Miele appliances and a Juliette balcony with harbour views. Practical details favourable to lenders and buyers are in place: an EWS1 has been issued and the lease has approximately 106 years remaining.
Costs and local factors that affect returns are material: an above-average annual service charge of £5,995, ground rent of £650 per year, and council tax Band E (£2,625 pa) will reduce net yield. The area records higher crime and significant deprivation indices, and the wider market is described as hampered aspiration; these are important when assessing tenant demand and long-term capital growth. For investors only — reflect these running costs and local profile in your valuation and exit plans.
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