Investment Opportunity - 2 Bedroom City Fringe Apartment | 16.7% Gross Yield

A fantastic opportunity to acquire this well-located two-bedroom apartment, ideally positioned within convenient reach of the city centre, making it highly attractive to both student and residential tenants.

The property comprises a spacious open-plan kitchen and lounge area, offering a modern, sociable living space, alongside two well-proportioned bedrooms and a contemporary bathroom.

Currently let to two students at a combined rent of £1,257 per month (bills included), the property delivers an impressive 16.7% gross yield before costs, making it a strong, ready-made investment.

There is also flexibility for future letting strategies. Once the current student tenancy ends, the apartment could be re-let on a standard residential basis (excluding bills) at an estimated £850-£900 per month - with comparable two-bedroom units in the development recently achieving £900 PCM. Alternatively, it can continue to be let to students to maximise returns.

Key Investment Details:

Two bedroom apartment

Large open-plan kitchen / lounge

One bathroom

Currently rented at £1,257 PCM (bills included)

16.7% gross yield before costs

Residential rental potential: £850-£900 PCM (excluding bills)

Ground rent: £200 per annum

Service charge: £1,373.95 per annum

Lease length: To be confirmed

Situated in a convenient, high-demand location close to the city centre, the property benefits from consistent tenant demand from both students and young professionals alike.

Gated parking to rear.

An ideal turnkey investment with strong current income and future letting flexibility.

Tenure: Leasehold
Ground Rent: £200 per year
Service Charge: £1,373.95 per year