Compact investment opportunity with long lease and parking, close to transport..
- Chain-free studio flat, first floor
- Approximately 313 sq ft, compact layout
- Long lease: ~125 years remaining
- Service charge c. £1,900 pa; council tax very low
- Electric room heaters; electricity-fuelled, higher running costs possible
- Probate sale: subject to grant of probate and limited questionnaire responses
- Off-street residents’ parking adjacent to building
- Dated kitchen/marks; cosmetic refurbishment likely needed
A compact, chain-free studio on the first floor of a mid-20th-century block, offered with a long lease (approx. 125 years) and ample off-street residents’ parking. At around 313 sq ft this flat has a good-sized living/bedroom with two windows, a fitted kitchen with electric hob and oven, separate dressing area and a neutral bathroom. Fast broadband, excellent mobile signal and close public transport links make it straightforward to let.
This is a probate sale marketed on behalf of a corporate client; sale is subject to grant of probate and some standard property questionnaire details may be unavailable. Service charges are approximately £1,900 per year; council tax is very low. Heating is by electric room heaters and the property is powered by electricity only, so running costs and energy efficiency should be considered.
The flat is suited to investors seeking a rental-ready unit or a buyer wanting a low-maintenance pied-à-terre. The accommodation is compact and shows some signs of wear (dated kitchen finish and marks), so cosmetic refurbishment would add value and appeal. Identity-check costs related to the sale may apply to the purchaser, and viewers should be aware of the probate process constraints before proceeding.
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