Compact two-bed ground-floor mill apartment — tenant in place, concierge and parking.
Sold with tenant in situ — investment income from day one
This ground-floor two-bedroom apartment in The Melting Point occupies a small, select block within a converted mill development. The building offers concierge service, an on‑site gym and an adjacent allocated parking space — practical extras that appeal to hands-off owners or investors. The property is sold with a tenant in situ, making it immediately income-producing but restricting vacant possession viewing and move-in timing.
Internally the layout is open-plan and efficient across approximately 576 sq ft. The living/kitchen area benefits from large windows and double French doors that face the car park, while the bathroom is a four-piece suite with a separate walk-in shower and useful wall storage. The conversion retains industrial character (exposed brick and stonework) but the apartment is small and best suited to compact living.
Running costs are driven by electric heating via room heaters and an annual service charge of about £1,100 plus a £150 ground rent. Broadband speeds are reported slow in the area; mobile signal is excellent. The lease is extremely long (circa 976 years) and council tax is band B (£1,710.95). Note the local area is a cosmopolitan, student‑oriented neighbourhood and recorded crime levels are very high — important for owner-occupiers to consider.
Overall this is a straightforward, low-maintenance property that suits investors seeking an occupied asset close to the university and town centre, or buyers willing to accept compact living and the local area’s student-focused character.
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