Summary - FLAT 2, 3, BALCOMBE ROAD BN10 7QF
1 bed 1 bath Apartment
**Standout Features:**
- Leasehold ground floor studio apartment.
- Small but functional layout with allocated off-street parking.
- Walking distance to local amenities and Meridian Centre.
- Low council tax band (Band A) and reasonable ground rent (£50).
- Last renovated in the 1980s; needs modernization.
**Concerns:**
- 57 years remaining on the lease may limit mortgage options.
- The kitchen and shower room require updates.
- Average room size might be a challenge for those seeking spaciousness.
- Broadband speeds are slow.
**Property Summary:**
Discover this quaint ground floor studio apartment, perfect for first-time buyers or investors seeking a diamond in the rough. With an appealing guide price of just £60,000, this 331-square-foot flat features a lounge/bedroom, kitchen, and shower room, all within a brick-built 1980s block. The property comes with an allocated off-street parking space and is ideally situated near the Meridian Centre, offering a variety of shops, dining, and leisure options.
This apartment, while in need of modernization, holds great potential for future renovations, allowing buyers to create their dream space. Historically low in council tax and with a manageable ground rent, affordability is a key selling point. Nonetheless, it’s crucial to note the 57-year lease may limit financing options, possibly necessitating cash purchases. Seize this rare opportunity to invest in a cozy city living space with immense possibilities—ideal for those who can look beyond the current dated features. Don’t miss out; register for the auction today!
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