Compact, ready-to-let apartment with parking ideal for cash purchasers.
Second-floor one-bedroom flat, 402 sqft
A compact one-bedroom flat on the second floor of a 1980s purpose-built block, offered with off-street parking and a modern, naturally lit reception. The 402 sqft layout is ready to occupy and presents straightforward rental potential or short-term hold for a cash buyer.
Important practical points: the flat runs on electric storage heaters and sits in an area with medium flood risk and higher local deprivation. The lease has 67 years remaining — this is likely to restrict mortgage availability, so buyers should expect lender refusals and plan for a cash purchase or lease-extension negotiation.
Financially the running costs look reasonable: a below-average service charge of £972 and affordable council tax. The building is standard 1980s construction with cavity walls; communal block maintenance appears typical for the era. Nearby schools and public transport links add to lettability and long-term demand in this multi-ethnic, urban area.
This property suits a cash investor or buyer prepared to manage the short lease issue. It’s a low-maintenance, small-footprint home with immediate occupancy potential, but buyers must factor in lease extension costs and the limitations on mortgage finance.
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