Ideal buy-to-let with strong yield and minimal running costs.
Chain-free sale with long lease (843 years)
A compact, chain-free first-floor studio suited to investors or a single occupant. The flat benefits from a very long lease (843 years), no service charge and no ground rent, reducing ongoing ownership costs. Allocated communal/off-street parking and good natural light from large windows add practical appeal.
Currently let at £700 pcm (around an 8% gross yield at the asking price), the property is straightforward to manage and marketed as low-maintenance. Heating is electric room heaters and the building dates from the 1980s with timber-frame elements; buyers should expect basic, economical services rather than modern central heating or high ceilings.
The apartment is small (approx. 284 sq ft) with an open-plan reception/bedroom, separate dressing area, compact kitchen and bathroom. The area shows mixed socioeconomic indicators — convenient for transport and local amenities but located within a wider area classed as deprived. Prospective buyers should verify living conditions and letability in person.
Suitable for buy-to-let investors seeking a long-lease, low-running-cost asset or a first-time buyer wanting a modest, inexpensive entry into the city market. Important to note: building upkeep and any refurbishment needs are the buyer's responsibility; a full inspection is recommended before purchase.
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