**Standout Features:**
- **Affordability:** Priced at £65,000
- **Leasehold property:** 94 years remaining on a 125-year lease from 1992
- **Ideal for investors:** Existing tenant in place
- **Modern living:** Open-plan kitchen and lounge area
- **Convenient amenities nearby:** Schools with good OFSTED ratings and essential services within reach
- **Communal parking and gardens**
**Concerns:**
- **Small size:** Approx. 323 sq ft may be restrictive for some
- **Maintenance costs:** Service charge and ground rent totaling about £3,600 per year
- **Above-average crime rate in the area**
- **Heating system:** Electric storage heaters may require renovation consideration
Nestled in a communal retirement setting, this first-floor one-bedroom flat presents an excellent investment opportunity or a cozy haven for first-time buyers. The property boasts a modern open-plan kitchen and lounge, ideal for comfortable living, with essential appliances and ample storage to suit your lifestyle. The bedroom comes equipped with a ceiling fan and additional storage heater, providing a refreshing retreat.
While the property offers affordability and access to well-rated schools, potential buyers should note the smaller size and ongoing leasehold costs, which require consideration. With communal gardens and convenient off-street parking, this flat is a unique chance to secure an ideal urban living space. Don't miss out—such properties don’t last long on the market!
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