Listed today is this one bedroom apartment at Porter Brook, Pomona Street.

Located in a very popular area although this small development is not very well known. 

Wards Brewery, two minutes away from Pomona Street is much more well-known and much more popular amongst tenants.

This apartment currently achieves £495, which is about £100 less than what a one bedroom apartment in Wards Brewery could achieve. 

The kitchen is smaller than a standard apartment in Wards Brewery, but apart from that, there are not many more differences.

From an investment perspective, I would buy something at Wards Brewery over Porter Brook. You will no doubt pay more, probably about £110,000, but with the rent you can achieve you are looking at a yield of around 6.5%, compared with a yield of around 5.9% for this property.