Long lease and low charges with tenant option ideal for investors.
Long 119-year lease provides long-term security
Low service charge £960 per year, ground rent £80
Built 2019 and newly renovated, modern fixtures throughout
Small one-bedroom; 423 sq ft total — compact living
Currently let; can be sold with or without tenant
Shared roof terrace and large windows provide natural light
Very convenient town-centre location with fast broadband
Local crime levels are higher than average — check implications
This compact one-bedroom apartment on London Road offers a straightforward, income-ready purchase for investors. Built in 2019 and newly renovated, the property benefits from large windows, high ceilings and an open-plan kitchen/lounge that maximise the 423 sq ft layout. The flat is currently let and can be sold with or without the existing tenant, offering immediate rental income or vacant possession.
Practical running costs are a selling point: a long 119-year lease, low annual service charge (£960) and modest ground rent (£80). Residents also have access to a shared roof terrace and the property sits in a very convenient town-centre location with fast broadband and excellent mobile signal.
Buyers should note the apartment is small and suited to single-occupant living or rental use rather than families. The local area records higher crime levels than average, a factor to weigh for owner-occupiers; investors should factor this into rental strategy and insurance. All measurements and tenure details should be confirmed with a solicitor prior to purchase.
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