Affordable one-bed flat for first-time buyers or pragmatic buy-to-let investors.
- One-bedroom studio with open-plan living and separate kitchen and bathroom
- Leasehold: approximately 92 years remaining; check lender requirements
- Service charge £223 pa (below average); ground rent currently £0 (TBC)
- Triple glazing; all-electric with electric storage heaters
- Can be sold vacant or with long-standing tenant in situ
- Low council tax (Band A); running costs potentially low
- Area rated very deprived with high local crime — impacts resale/rental
- Basic broadband speeds slow; superfast availability reported via Openreach
A compact, low-cost one-bedroom studio offering straightforward entry to homeownership or buy-to-let ownership. The apartment sits on the second floor of a modern red-brick block built in the 1980s and benefits from triple glazing and low annual service charges, keeping running costs down. The open-plan living area doubles as bedroom space; a separate kitchen and bathroom complete the layout. Electric storage heating and all-electric services simplify upkeep but may raise energy bills in winter.
This property is offered with no onward chain and can be sold vacant or with a long-standing tenant in situ, making it flexible for investors or first-time buyers. Leasehold has approximately 92 years remaining — sufficient for mortgage purposes today, but buyers should check implications for long-term value and lender criteria. Broadband speeds vary: basic standard speeds are slow, though superfast connections are reported as available through Openreach.
Location is a practical trade-off: local amenities and several primary and secondary schools are nearby, including a highly rated academy, but the wider area scores as very deprived and crime levels are high. That affects resale and rental considerations; buyers should weigh the attractive purchase price and low service charge against neighbourhood challenges.
Buyers are advised to verify lease, service charge review terms, and all services with their solicitor or surveyor. The layout and condition provide straightforward potential for light cosmetic improvement to increase rental yield or personalise the space for first-time occupancy.
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