Property Summary

This modern first-floor studio at Marvell House is approximately 18.7 sq m and offers a bright open-plan living, sleeping and kitchen area, a fitted kitchen and a separate shower room. Set in a central PL4 location within walking distance of the university, city centre, Barbican and train station, it is offered for sale at £60,000 with a lease of approximately 242 years. The property is let agreed at £850 per month, with new tenants due to move in in early April; this equates to £10,200 per annum and an advertised gross yield of approximately 17% at the asking price. It has an EPC rating of C and Council Tax Band A; the current service charge is being confirmed, and ground rent is stated as £300 per annum.