£130 PW Rental Income – Long-Term Let in Place Until 2027.
Description
Deluxe Studio | Let at £130 per week | EPC Rating: C
A superb opportunity to acquire a fully let deluxe studio apartment within the popular Park Lane House development, offered for sale by auction as a turnkey buy-to-let investment.
The unit is currently let at £130 per week and forms part of a scheme that has maintained 100% occupancy since opening, demonstrating exceptional and consistent tenant demand. The property is let through to August 2027, providing an incoming purchaser with secure, long-term income from day one.
Flat 0E comprises a well-presented studio bedroom with integrated storage and workspace, together with a modern en-suite shower room. Residents also benefit from access to high-quality communal facilities, including contemporary kitchen/diner areas, social spaces and reception/lobby areas, all designed to appeal to the student and young professional market.
The building is conveniently located close to local amenities, transport links and educational institutions, further underpinning the property’s strong rental appeal reminding potential buyers of the continued demand.
Key Investment Highlights:
Deluxe studio apartment
Let at £130 per week
Let through to August 2027
Proven 100% occupancy across the scheme
EPC Rating: C
Turnkey, hands-off investment opportunity
An ideal acquisition for investors seeking secure income and reliable long-term returns within a purpose-built development.
Tenure: Leasehold
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
£2,500 inc vat payable upon the fall of the virtual gavel
Administration Charge
£2,500 inc vat payable upon the fall of the virtual gavel
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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