Income-ready first-floor flat with allocated parking and long lease.
Two double bedrooms with open-plan kitchen/lounge
Allocated off-street parking space included
Long lease (999 years from 2009) — low lease risk
Currently tenanted at £760 pcm, immediate rental income
Service/management charge £2,140 per year (significant cost)
Compact living space — about 528 sq ft
Area records higher crime and relative deprivation
Mains gas heating, double glazing, modern build (2007–2011)
This first-floor two-double-bedroom apartment offers straightforward buy-to-let potential in a modern purpose-built block close to local amenities and transport links. The open-plan kitchen/lounge and contemporary fixtures reduce immediate refurbishment costs, while an allocated parking space and long lease add practical appeal for investors.
The flat is currently tenanted at £760 pcm, providing immediate rental income. The lease is effectively long (999 years from 2009), and mains gas central heating with double glazing means running-cost risk is typical rather than exceptional. Broadband speeds and mobile signal are strong for the area.
Buyers should note clear drawbacks: the annual management/service charge is £2,140, which materially affects net yield, and the location records higher crime and relative area deprivation. The property is compact (528 sq ft) and sold leasehold, and it is sold with an existing tenancy — purchasers must verify tenancy details, income continuity and any fees for leasehold paperwork.
This is best suited to investors seeking an income-producing, low-upkeep flat with immediate cashflow, or a first-time buyer comfortable with a leased flat in a busy town setting. Independent checks on services, tenancy and running costs are strongly recommended before offer.
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