Compact apartment with rental income potential and a long lease.
First-floor two-bedroom, open-plan living (approx. 613 sq ft)
Long lease (232 years) and low ground rent (£100/year)
Currently let on rolling AST — £650 pcm rental income
Council Tax Band A — very low annual charges
Medium flood risk for the location
Built 1930–49; solid brick walls likely without insulation
Double glazing installed before 2002; upgrade may be needed
Very high local crime and very deprived area
This first-floor two-bedroom apartment offers a compact, open-plan living space with modern finishes and double glazing. At about 613 sq ft it suits an investor seeking immediate rental income or a buyer wanting a low-cost entry into the area. The lease has 232 years remaining and ground rent is a small £100 per year.
The property is currently let on a rolling AST with rent of £650 pcm, so it can be purchased with a tenant in situ. On-street parking serves the building; local amenities, bus links and schools are within walking distance. Council Tax Band A keeps running costs low.
Buyers should note material drawbacks plainly: the neighbourhood records very high crime and very high area deprivation, and the location has a medium flood risk. The building is an older solid-brick mid-terrace (circa 1930–49) with assumed lack of wall insulation and glazing installed before 2002, so further thermal upgrades may be needed.
Overall this is a small, well-presented apartment with clear rental appeal and long lease security. It will suit an investor seeking yield or a buyer prepared to accept a compact footprint and local area challenges in return for a low purchase price and low council tax.
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