Ready-to-rent furnished studio in Baltic Triangle — cash buyers only.
Let at £750pcm with popular student and professional demand
Concierge, on-site management, gym and communal laundry facilities
Fully furnished studio; ready to re-let with minimal work
Cash purchase only — no mortgage finance available via seller
Leasehold tenure — check remaining term and service charges
Electric room heaters: higher running costs than gas central heating
Small studio size — limited living space and storage
Area shows deprivation metrics despite strong leisure and investment interest
Set in the Baltic Triangle, this studio at Flat 87, 42 Simpson Street offers a compact, fully furnished city-centre rental asset aimed at students and young professionals. The building provides concierge, on-site management, gym and communal facilities, plus inclusive utility bills, making it easy to let and manage. The current tenancy is £750pcm, reflecting steady rental demand in this popular area.
The studio is small but bright, with large windows and contemporary finishes throughout. Kitchens and bathrooms are fitted; a double bed, wardrobe and study desk are included, so the property can be re-let quickly without further fit-out. Communal laundry and secure bike storage add practical value for long-term tenants.
Important considerations: the sale is cash-only and the flat is leasehold. Heating is by electric room heaters, which can increase running costs compared with gas-heated properties. The surrounding area is described as deprived in some metrics, though it benefits from strong daytime and leisure footfall, good broadband and excellent mobile signal.
This is primarily an investment purchase: compact, easy-to-manage accommodation in a high-demand city location with on-site services that support rental performance. Buyers should factor in leasehold terms, likely service/management charges and electric heating costs when assessing net returns.
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