Summary - Flat 5 144 Kings Street NR30 2PQ
1 bed 1 bath Flat
Newly renovated one-bedroom flat with parking and rental potential near the beach.
Newly renovated one-bedroom flat, ready to move into
Compact 356 sq ft; best for single occupants or couples
Allocated off-street parking space and communal outdoor area
Long lease — 147 years remaining, favourable for buyers
Estimated rental income circa £700 pcm — good BTL potential
Service charge £600 (below average); ground rent £250 per year
Very high local crime rate; area classified as very deprived
Bright location near shops, schools, beach and river walks
Set within a converted Georgian building on King Street, this newly renovated one-bedroom flat combines period character with contemporary finishes. The open-plan living/kitchen maximises the compact 356 sq ft layout, while the bedroom benefits from a built-in wardrobe and a modern shower room. An allocated off-street parking space and communal outside area add practical convenience.
This property suits first-time buyers seeking a low-entry seaside home or buy-to-let investors targeting a rental of about £700pcm. The long lease (147 years) and below-average service charge (£600) are practical financial strengths for leasehold ownership. Mobile signal is excellent and the flat is close to schools, shops, beach and river walks.
Be realistic about the local context: the area is classified as very deprived with a very high crime rate and a transitional Eastern European neighbourhood profile. These factors will influence long-term capital growth and tenant demand. Broadband speeds are average and the flat is compact, so it’s best for single occupants or couples rather than families.
Overall, this is a tidy, move-in-ready flat that offers immediate rental potential and characterful living near the seafront. Buyers should weigh the attractive price and low running costs against local socio-economic drawbacks and the compact size.
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