2 Bedroom Flat, Berwick Street
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Description
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
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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2 Bedroom Flat, Berwick Street
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Visit our security centre to find out moreDisclaimer - Property reference RS0114. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Point Properties, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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