Summary - AUDLEY COURT 118 AUDLEY ROAD SAFFRON WALDEN CB11 3HX
1 bed 1 bath Apartment
Central Saffron Walden one‑bedroom with communal facilities and rental potential.
One double bedroom retirement flat, approx. 522 sq ft
Currently tenanted — potential rental income circa £1,000 pcm
Communal facilities: gardens, lounge, laundry, salon, guest suites, lift
EPC B; no flood risk; electric storage heating (storage heaters)
Leasehold: only 61 years remaining — lenders may refuse mortgages
High annual service charge £4,154; ground rent £274 per year
Compact layout suited to single occupant or couple; cosmetic updating likely
Crime level above average for the area (buyer to verify personal safety needs)
Set within the popular Audley Court retirement development, this first‑floor one‑bedroom flat offers convenient, low‑maintenance living in central Saffron Walden. The apartment is currently tenanted and marketed with an estimated rental income of £1,000 pcm, presenting a straightforward buy‑to‑let possibility or a manageable second home for downsizers. Communal facilities include well‑kept gardens, residents’ lounge, laundry room, on‑site hairdresser, guest suites and a lift serving upper floors.
The interior is comfortable but shows signs of being dated, with a traditional kitchen, electric storage heaters and serviceable bathroom. The EPC rating is B and there is no flood risk. The property footprint is compact at around 522 sq ft, suitable for a single occupant or couple seeking an efficient layout close to shops, healthcare and transport links to Cambridge and Stansted.
Important financial facts must be considered: the flat is leasehold with 61 years remaining and an annual service charge of £4,154 plus ground rent of £274. The comparatively short lease and above‑average service charge are material issues — many mortgage lenders may refuse to lend until the lease is extended, and running costs are higher than typical for similar flats.
This apartment will appeal to downsizers wanting a secure retirement setting or investors able to buy in cash or arrange specialist lease‑extension lending. Anyone proceeding should instruct solicitors to verify lease details and allow for potential cosmetic updates and ongoing service charge commitments.
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