Long lease and immediate rental income potential for discerning buyers.
Ground-floor two-bedroom apartment, about 720 sq ft
A practical ground-floor two-bedroom apartment offering straightforward rental potential in Norton Heights. The layout features two double bedrooms, an open-plan living/kitchen and a practical three-piece bathroom across about 720 sq ft. Off-street allocated parking and double glazing add everyday convenience.
The property is currently let at £550pcm until September, presenting an immediate income stream for investors, but it can be delivered with vacant possession and with no upward chain. The lease is very long (981 years), which removes a common leasehold concern and supports long-term value retention.
Running costs include a service charge of approximately £2,039 per year and a ground rent of £319 per year; these are material for buy-to-let cashflow and should be factored into yields. The area has generally good access to local shops, schools rated Good–Outstanding and transport links, though local crime levels are higher than average.
Note the lease contains a restriction preventing the keeping of animals, birds or reptiles. The building dates from the late 1990s/early 2000s and will suit buyers looking for low-immediate-maintenance accommodation or investors seeking a lettable asset with near-term flexibility.
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