Chain-free two-bedroom ground-floor flat with river views and allocated parking, ideal for first-time buyers or investors.
- Chain-free two-bedroom ground-floor flat with river views
- Allocated off-street parking, uncommon for city flats
- Small overall size — about 603 sq ft
- Leasehold: service charge ~£1,470pa, ground rent £100pa
- Heating: electric room heaters — possibly higher running costs
- Medium flood risk for the location
- Local area: high crime and very deprived classification
- EPC C; building built 2007–2011 with double glazing
This chain-free, two-bedroom ground-floor flat offers an affordable entry point to the LN5 area, with direct river views and allocated off-street parking — rare benefits for a property of this size. The open-plan kitchen/living room suits first-time buyers looking for practical everyday living and investors seeking straightforward rental appeal.
The building was constructed between 2007–2011 and has double glazing and an EPC rating of C. Heating is electric via room heaters and the main fuel is electricity, so running costs can be higher than gas-heated homes. The property is leasehold: expect an average service charge of £1,470 and a ground rent of £100 per year.
Notable constraints include a medium flood risk and a local area classification indicating high crime and very deprived surroundings. The flat is small (approx. 603 sq ft) and may suit buyers wanting a modest home or investors targeting rental demand rather than space. Council tax is very cheap, which helps ongoing costs.
For first-time buyers this is a pragmatic, move-in-ready option with pleasant river outlooks and excellent transport links into the city. Investors will find the no-chain sale and proximity to amenities attractive, but should factor in service charges, electric heating, local area challenges and flood risk when assessing yields.
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