Affordable one-bedroom with parking and long lease, ideal for first-time buyers.
Long lease: 147 years remaining (199-year lease from 1973)
Secure underground allocated parking space
Chain free sale — straightforward purchase process
Converted wet room; practical but not luxurious
Service charge c. £2,400 per year (covers communal upkeep)
Electric storage heating; higher running costs than gas
EPC rating E; some energy improvement potential
Dated internal decor — cosmetic modernisation advisable
This second-floor one-bedroom apartment in Meyrick Park offers a straightforward, chain-free purchase with secure underground parking and a long lease (147 years remaining). The dual-aspect living/dining room and separate kitchen provide flexible everyday space, while a converted wet room makes the layout practical for modern living. Communal gardens and nearby local amenities add convenience and pleasant outdoor space.
The building dates from the late 1960s/early 1970s and has double glazing fitted after 2002. The flat is in average condition: ready to move into but showing dated finishes in places (carpets and decor), so cosmetic updating would add value. Heating is by electric storage heaters and the EPC is E; budget for higher running costs compared with gas-heated properties.
Practical ownership costs are clear: a long lease, low ground rent (£35 p.a.) and a service charge of approximately £2,400 p.a. that covers communal maintenance and underground parking. Letting is permitted for ASTs, but holiday lets and pets are not allowed—important for investors and owners who need flexibility.
Positioned in a lively, cosmopolitan area with fast broadband and excellent mobile signal, the apartment suits a first-time buyer or buy-to-let investor seeking close links to local transport, schools and town amenities. It offers scope to modernise and increase rental or resale appeal without major structural work.
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