Full Details
One-Bedroom Fully Furnished Apartment | Orion Building | £130,000
An excellent opportunity to acquire this well-presented, fully furnished one-bedroom apartment within the Orion Building, offered for sale at £130,000.
The property provides well-proportioned accommodation and would make an ideal purchase for a first-time buyer, professional or buy-to-let investor. Offered fully furnished, the apartment is ready for immediate occupation and also provides a straightforward proposition for an investor looking to let the property.
Upon entering, the apartment opens into a bright and welcoming open-plan living and kitchen area, providing a comfortable space for both relaxing and dining. The contemporary fitted kitchen offers a good range of units and integrated appliances, while the neutral décor and wooden flooring create a modern and easy-to-maintain finish.
The bedroom is generously proportioned and benefits from a particularly useful walk-in cabinet space, providing excellent additional storage and helping to keep the bedroom spacious and uncluttered.
The property is completed by a modern bathroom with bath and overhead shower, together with attractive tiled finishes.
The Orion Building offers established modern apartment living, with communal areas and a convenient setting for those looking for an accessible city lifestyle. The building is well suited to professionals and tenants seeking practical, low-maintenance accommodation.
The combination of a fully furnished apartment, generous bedroom, walk-in cabinet space and well-designed living space makes this an appealing property for both owner-occupiers and investors.
The property is expected to achieve rental income in the region of £900-£925pcm, subject to market conditions and the final agreed tenancy.
At the asking price of £130,000, this equates to an approximate potential gross rental yield of 8.4%
This is before allowing for service charges, ground rent, management fees, maintenance, void periods and other associated costs.
We have been advised of the dolling information by the leaseholder:
• Lease length remaining: 103 years
• Service charge: £4,461.16 per annum
• Ground rent: £455.66 per annum