Central location ideal for investors or an affordable town-base.
Chain-free with a very long 822-year lease
A chain-free, long-lease maisonette set above a town-centre retail unit on Union Street, offering clear rental or owner-occupier potential. The split-level layout provides an open-plan living area, two bedrooms and one bathroom across approximately 826 sqft — a practical footprint for a central Ryde property. Excellent local transport links, shops, cafes and the ferry are steps away, supporting short-term lets or commuter tenants.
The apartment shows signs of age and will benefit from modernization. Interiors are dated with some indications of damp in the living room and double glazing fitted before 2002. The building is solid-brick with assumed no cavity insulation, so buyers should budget for energy-efficiency upgrades if required. There is no private outdoor space and the flat sits above a busy high street commercial unit.
Important local context: the area is classified as very deprived with a very high local crime rate. These factors will affect rental income, tenant demand and resale positioning. Positives that balance this include a very long lease (822 years), mains gas central heating, excellent mobile signal and fast broadband — useful for lettings or remote workers. Viewings are recommended for buyers seeking a low-maintenance town-centre investment or an affordable entry to Ryde with scope to add value through refurbishment.
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