Compact town-centre flat with parking and long lease — needs modernisation.
Town-centre location within easy reach of train and bus stations
A compact ground-floor one-bedroom apartment in the heart of Swindon town centre, arranged as an open-plan living room and kitchen with a single bedroom and a three-piece bathroom. The property comes with an off-street parking space and a small enclosed forecourt/garden, making it practical for a lock-up-and-leave owner or a lettable city base.
This is a clear-value opportunity for an investor or first-time buyer willing to refurbish. The flat needs renovation and cosmetic updating, but the long lease (124 years), low annual service charge (£250) and town-centre location close to train and bus stations help keep holding costs low and appeal to renters seeking central, well-connected accommodation.
Buyers should note material negatives objectively: internal fittings are dated, heating is by electric storage heaters, and the area records very high local crime levels. The building is a late-Victorian terrace with cavity walls assumed uninsulated and double glazing of unknown installation date — further inspection is recommended before purchase.
Overall, this small 374 sqft apartment suits an investor targeting straightforward refurbishment and rental demand from commuters, or a buyer wanting a low-maintenance city base. The combination of long lease, parking and central location underpin the value, but factor in refurbishment costs and neighbourhood safety considerations.