Modern second-floor two-bed with parking and lift in Penrith New Squares — long lease, central convenience.
Town-centre location with excellent local amenities and transport links
Open-plan living/kitchen/dining; 2 bedrooms, one en-suite
Allocated off-street parking and lift access to the second floor
Long lease (123 years) — leasehold tenure
Service charge approx. £2,000 p.a.; confirm exact figure
Heating by electric storage heaters — potentially higher energy costs
Area classed as deprived with very high crime statistics
EPC pending; confirm energy rating before completion
Set on the second floor of a modern New Squares development, this two-bedroom apartment offers a bright open-plan living, dining and kitchen space and an en-suite to the main bedroom. The layout and allocated off-street parking suit a first-time buyer or an investor seeking a town-centre rental with easy access to shops and transport links.
Practical details are straightforward: a long lease (123 years remaining), allocated parking, lift access and mains services. The apartment uses electric storage heaters and double glazing; EPC is pending. Service charge is approximately £2,000 per year and council tax band B is relatively low.
Buyers should weigh local and running-cost factors. The property is in a deprived area with very high local crime statistics and a classified “constrained renters” local market — important if you plan to rent. Heating is electric storage, which can mean higher energy costs compared with gas. The building is leasehold, and the stated service charge covers communal upkeep and window cleaning.
Overall this is a practical, modern town-centre apartment with clear short-term convenience and longer-term running-cost considerations. It suits a first-time buyer wanting central living or an investor focused on affordable city-centre units, provided the local market and service costs match your plans.
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