Bright converted mill flat ideal for first-time buyers or investors seeking quick purchase.
Mezzanine provides flexible one- or two-bedroom layout
This loft-style apartment sits within a converted mill and offers bright, industrial character with high ceilings and large windows. The mezzanine level provides flexible sleeping arrangements, allowing the space to function as a one- or two-bedroom home depending on your needs. A separate kitchen/diner has room for a table and the living room benefits from natural light and modern wood flooring.
Practical details: the property is leasehold with 130 years remaining, a service charge of approximately £1,056 per year and ground rent of £150 per year. Heating is electric via room heaters and the EPC is rated D, so expect higher running costs than homes with gas central heating. The apartment is unfurnished and will be sold via an online Secure Sale auction; immediate exchange of contracts is possible once your bid is accepted.
Location and suitability: the development is close to local shops, transport links and a mix of amenities, making it suitable for first-time buyers wanting a central urban base or investors seeking a rental in a mixed young-family and student area. Be aware the wider area records higher crime rates and sits in a very deprived local authority area, which may affect resale or rental demand in some segments.
Opportunity and considerations: the property’s loft conversion character and long lease provide potential for a comfortable city living or an investment buy, but budget for electrical heating costs and possible improvements to energy performance. The auction route can deliver speed and certainty, but ensure you complete legal and survey checks before bidding.
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