2 Bed Apt on Laurel Road in Fairfield... 2 bed apartment for sale

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2 Bed Apt on Laurel Road in Fairfield... 2 bed apartment for sale

2 Bed Apt on Laurel Road in Fairfield area
£123,999

Price History

Initial price £125,000
01/03/25 £124,999
19/03/25 £123,999
Price Change -0.80%

Description

This two-bedroom apartment is located on Laurel Road in the popular Kensington/Fairfield area of L7, within walking distance to the Knowledge Quarter, University, and City Centre. The property boasts a bright and airy open-plan living/dining/kitchen area, a spacious contemporary kitchen, and two good-sized bedrooms, one with a few steps leading down to give it a duplex feel. The bathroom is stylish and features a three-piece shower bath. The apartment is in excellent condition and is being further improved, with double glazing and gas central heating throughout. The property has a C EPC rating and is available for sale with no chain. The location is highly convenient, with a direct route to the City Centre and the M62 Motorway just a few minutes away. The apartment is currently vacant and would attract a rental income of £795, providing a potential gross yield of 7.6%. With a lease of 234 years, ground rent of £100 per year, and a service charge of £1140 per year, this property is an excellent opportunity for first-time buyers or investors.