A smart and spacious city centre investment opportunity.
Apartment 219 Electricity House is an ideal upmarket city centre investment opportunity with a tenant in situ until August 2021 and a yield of over 5%. The development also has an approved EWS1 certificate in place.
The apartment is approached via an opulent art deco communal entrance with 24 hour concierge and passenger lift to all floors. Situated on the second floor, apartment 219 is accessed via a wide and spacious entrance hallway which benefits from an intercom system, spot lighting and ample space for coats and boots. There is underfloor heating throughout the apartment. There is a large cupboard immediately on the left housing the water cylinder (with pressurised system) and fuse board. A second large storeroom housing the utilities, router and Vent Axia system provide significant additional storage.
The open plan living / dining room is at the end of the hall on the right and is of an excellent size with ample space for living and entertaining. The room benefits from contemporary pendant lighting and large double glazed windows allowing in an abundance of natural light. The kitchen sits at the near end of the room and benefits from integrated Bosch appliances including a microwave oven, oven/grill, fridge freezer, 4 ring ceramic hob and dishwasher. There are also silestone worktops and spot lighting.
The bedroom is at the end of the hall on the left hand side and is of an excellent size with the same large double glazed sash windows as well as a large integrated wardrobe cupboard. The bathroom is next to the bedroom and is of a good size with bath with shower over, Roca sink, WC, towel radiator, large wall mirror, spot lighting, ventilation system and wall to ceiling tiling.
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A low maintenance and very lettable city centre investment opportunity with a great yield.Sholto Thompson