Affordable central studio ideal for first-time buyers seeking low-maintenance living.
Studio layout; 379 sq ft suitable for single occupant or rental
Very long lease remaining: 977 years
Service charge approx. £1,704 per year
Ground rent approx. £150 per year
Sold by Modern Method of Auction; buyer fees and reservation fee apply
Undisclosed reserve price; complete due diligence before bidding
Higher local crime level; consider security and insurance costs
Electric room heaters; no central gas heating
This compact studio apartment offers an affordable city-centre entry point with contemporary styling and secure block access. At 379 sq ft the open-plan layout suits a single first-time buyer or a buy-to-let investor seeking minimal-maintenance city accommodation.
The property benefits from a very long lease (977 years), double glazing and fast broadband with excellent mobile signal. Transport links, shops, cafés and local amenities are immediate and the council tax band is very low, helping running costs. Main heating is by electric room heaters, and the building was constructed in the early 2000s.
Important sale details: the flat is offered via the Modern Method of Auction. A non-refundable reservation fee and other buyer fees apply, and the sale will be subject to an undisclosed reserve price — complete your own due diligence before bidding. Service charge and ground rent apply and are noted below.
Practical considerations include the small overall size and higher crime level in the immediate area; buyers should weigh location convenience against those factors. The service charge is moderate for a city block and the property shows potential for simple cosmetic updating rather than major works.
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