Compact village living near station ideal for first-time buyers or investors.
Second-floor Victorian studio with separate kitchen and bathroom
Set on the second floor of a handsome Victorian terrace in St Margarets village, this compact studio offers a practical pied-à-terre or rental investment close to the local high street and mainline station. The apartment is chain-free, comes with a long lease (174 years) and boarded loft storage, and sits within a very affluent, low-crime area with fast broadband and excellent mobile signal.
The studio is arranged around a single living/sleeping space, separate kitchen and full bathroom across 313 sq ft. It’s in good condition throughout with modern finishes and built-in shelving; electric storage heaters provide heating and double glazing is fitted, though install dates are unknown. Ground rent is nominal and council tax is low, helping keep running costs down.
Buyers should note the apartment’s small overall size and the building’s solid brick construction likely lacks wall insulation, which may affect running costs and comfort unless upgraded. Heating is electric only, so there’s limited mains-gas option. Scaffolding visible externally suggests recent or ongoing works to the building — check details before purchase.
This is a straightforward option for a first-time buyer wanting a village-centre location, or an investor seeking steady rental income (estimated yield c. 5.62%). The long lease and central location are strong positives; any buyer planning to let or renovate should budget for potential energy-efficiency improvements.
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