Two-bed tenanted flat with garden and parking for cash investors.
Tenanted two-bedroom maisonette — sold with tenants in situ for immediate income
Cash buyers only; limited lease term likely prevents standard mortgages
Approximately 549 sq ft; compact layout suitable for rental use
Shared ownership leasehold with c.48 years remaining on the lease
Ground rent c. £300–£400 per year; consider lease-extension costs
Off-street parking and private rear garden; double glazing installed
Mid-20th century build showing wear; requires refurbishment and maintenance
Local area has higher crime and deprivation indicators — factor into tenancy demand
A compact two-bedroom maisonette offered chain-free and sold with tenants in situ — designed primarily for cash buyers and investors. At about 549 sq ft this property delivers immediate rental income with off-street parking, a private rear garden and gas central heating. Double glazing and low-energy lighting are in place, reducing short-term running costs.
Important lease and financing facts are clear: this is a leasehold, shared ownership property with only c.48 years remaining on the lease. That limited term is likely to rule out standard mortgage finance for many buyers and will require cash purchase or specialist lending; buyers should obtain legal advice and consider lease-extension costs. Ground rent is charged (c. £300–£400 p.a.).
The maisonette sits in a mixed, densely populated area with higher-than-average crime and local deprivation indicators. The building dates from the mid-20th century and shows visible signs of wear; the interior and exterior would benefit from refurbishment to maximise rental value or future resale. Council Tax band is low (B), which helps running costs for tenants.
For an investor seeking an immediate-let, low-entry purchase in SL1 this property represents a clear, cash-only income opportunity. For owner-occupiers, the short lease and likely lending restrictions are significant hurdles that must be resolved before proceeding.
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