Compact town-centre flat with parking — renovation project or rental opportunity.
- One double bedroom with Juliet balcony and large windows
- Bright sitting/dining room with open-plan layout
- Allocated covered off-street parking space included
- Requires renovation and cosmetic modernisation throughout
- Electric heating and hot water; higher running costs likely
- Leasehold: 89 years remaining; ground rent £200 pa
- Service charge £727.25 pa; buildings insurance £308.77 pa
- Sold by auction with non-refundable Reservation Fee and buyer pack
Set within the converted Laverton Mill, this one-bedroom apartment offers a compact, characterful home with an allocated covered parking space. Large windows and an open-plan sitting/dining area deliver good natural light; the double bedroom includes a glazed door to a Juliet balcony. The bathroom has a walk-in shower and the kitchen has scope for additional storage and modernisation.
The flat requires renovation and cosmetic updating — an ideal project for a first-time buyer or investor seeking a modest makeover. Heating and hot water are electric (room heaters), so factor running costs into plans. The lease has 89 years remaining; annual service charge and ground rent are relatively low.
This property is sold by auction via the Modern Method of Auction. The buyer must complete within the 56-day Reservation Period, pay a non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600), and purchase a Buyer Information Pack (£349). Prospective buyers using mortgage finance should check lender acceptability and inspect the property beforehand.
Practical positives include an allocated off-street covered parking space, fast broadband and excellent mobile signal, and a town-centre location close to local shops and schools. The conversion’s system-built construction and double glazing offer basic insulation, but expect some updating to heating and internal finishes.
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