1 bedroom Studio flat For Sale
£157,000 | For Sale
A generously proportioned and thoughtfully designed first-floor studio apartment enjoying a sunny outlook, set within this prestigious purpose-built student development comprising a small block of exclusive apartments for full-time students. The property represents an excellent investment opportunity, offering secure and dependable rental income.
Primrose Lodge is a well-established and highly regarded student complex made up of spacious, individually owned apartments. The building benefits from excellent security features including CCTV surveillance and a secure entry-phone system. Residents also enjoy secure indoor bicycle storage, a communal bin store, landscaped gardens, a comfortable residents’ lounge, and a dedicated shared study area.
Occupying a convenient position at the end of Primrose Street, the development is within easy reach of the city centre and nearby colleges, making it particularly attractive to students.
The accommodation comprises a bright and spacious bed-sitting room with a large window allowing for plenty of natural light, along with a built-in double wardrobe featuring mirrored sliding doors. The modern kitchen area is well appointed with ample storage units, an integrated fridge/freezer, washer/dryer, microwave combination oven, and electric hob. The particularly generous shower room is fitted with a contemporary three-piece suite including a shower cubicle, WC, and wash hand basin.
The apartment is currently let until September at £1,200 per calendar month, providing immediate and reliable rental income.
EPC rating: B. Council tax band: A, Tenure: Leasehold, Annual ground rent: £400, Annual ground rent review period (years): 1, Annual service charge: £1385.99, Annual service charge review period (years): 1, Known building safety issues or planned/required works: None at the time of listing. Planning permissions: None at the time of listing.| Tax Band | % | Taxable Sum | Tax |
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