Entry-level maisonette with garden and renovation potential near city links.
- Two double bedrooms and one bathroom, 608 sq ft (compact)
A compact two-bedroom first-floor maisonette with a private rear garden, offered through a Modern Auction. The 608 sq ft layout includes a front lounge, separate kitchen, two double bedrooms and a bath with shower; mains gas boiler and radiators provide heating and the property has double glazing (install date unknown).
Practical strengths include a long lease (approx. 105 years remaining), very low ground rent (£10 pa) and a below-average service charge (£260 pa). Good mobile signal and fast broadband make the flat suitable for remote working, while direct links to the city centre and nearby schools cater to buyers prioritising connectivity and local amenities.
Important sale details and drawbacks: this is a leasehold sale via Modern Method of Auction with an undisclosed reserve price; buyer fees apply, including a Reservation Fee of 4.5% of the purchase price (minimum £6,600 inc. VAT) plus an administration pack fee (up to £349 inc. VAT). The area scores high for local crime and is classed as deprived, and the property’s mid-century interior is dated and will need updating to modern standards. Buyers should undertake their own due diligence and budget for renovation and any additional leasehold pack costs.
This property will suit first-time purchasers or investors looking for an entry-level purchase with renovation potential and short-term rental possibilities. The compact footprint and sale method mean purchasers must be prepared to move quickly and factor auction costs into affordability calculations.
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