Immediate rental income with allocated parking and central convenience.
- Ground-floor two double bedrooms, 549 sq ft overall
- 17ft+ lounge with natural light
- Modern fitted kitchen and bathroom
- Allocated off-street parking for one car
- Sold with tenant in situ paying £800pcm (can be vacant)
- 999-year lease from 2005; no ground rent
- Service charge £1,500pa (approx. £125pcm)
- Area has very high crime and high deprivation
A ground-floor two-double-bedroom apartment in the centre of Highbridge, offered with no onward chain and a long lease. The flat is double-glazed, gas-heated and includes an allocated off-street parking space. Currently let at £800pcm and may be sold with the tenant for an immediate income stream.
The interior is compact but well laid-out: a 17ft+ lounge, modern fitted kitchen and contemporary bathroom. Service charge is £1,500pa (approx. £125pcm) and there is no ground rent. The lease is very long (999 years from 2005), giving long-term security for leaseholders.
Important considerations: the property sits in an area with a very high recorded crime level and high deprivation locally. The flat totals about 549 sq ft, so buyers seeking larger accommodation should note the modest size. Broadband speeds are average.
This is suited to investors seeking an immediate let and to first-time buyers wanting a low-maintenance, centrally located starter home. Early inspection is advised so buyers can assess finish, communal areas and local amenities for their requirements.
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