Affordable top-floor studio with long lease and off-street parking — ideal starter or investor buy.
Share of freehold with very long lease (982 years)
This top-floor studio offers an affordable, low-risk entry to Welwyn Garden City living. Set in a quiet cul-de-sac near Panshanger shops and parkland, the apartment benefits from a very long lease (share of freehold) and no ground rent — rare for a property at this price point. Off-street parking and communal greenery create a pleasant suburban setting.
The compact open-plan room receives good natural light through a bay window; loft access provides useful additional storage. Heating is electric via room heaters and the apartment would reward modest updating to maximise space and comfort. Energy rating C suggests reasonable efficiency but buyers should note the property uses electricity as its main fuel.
This home suits first-time buyers seeking a simple, low-maintenance starter flat, or investors targeting rental income (estimated circa £850 pcm). Service charge is below average, council tax is low, and the long lease reduces future ownership costs. Nearby schools and transport links are convenient, though some local schools have mixed Ofsted outcomes.
Important practical points: the studio is small and top-floor living may mean stairs only. There is no private garden and the heating system is basic electric. Prospective buyers should inspect heating, electrics and consider cosmetic updating to capture full rental or resale potential.