Low-entry auction buy with tenant in place and parking included.
- Mezzanine loft bedroom with high ceilings and industrial character
- Fully furnished; currently tenanted at £625 pcm (income immediate)
- Allocated off-street parking and on-site gym
- Balcony and open-plan living, c.609 sq ft
- Leasehold with 977 years remaining
- Service charge ~£2,600pa; ground rent ~£314pa
- High flooding risk and local crime levels are high
- Being sold at auction; viewing essential, sold subject to terms
A compact loft-style one-bedroom apartment set within a converted mill, offered with existing tenant and furniture. The mezzanine bedroom, double glazing and high ceilings create characterful, open-plan living across approximately 609 sq ft. A small balcony, allocated off-street parking and an on-site gym add practical value for tenants or owner-occupiers.
This is a leasehold lot with a long unexpired lease (977 years). Annual costs include a service charge around £2,600 and ground rent about £314. The home is being sold at auction with a starting bid of £58,500 and will be sold subject to secure-sale terms; a viewing is essential. EPC C73 and council tax band A (very cheap).
Notable risks are factual and material: the location carries a high flooding risk and local crime levels are described as high. The building dates from the early 20th century and external wall insulation is assumed absent, which may affect heating efficiency and future maintenance. The property is currently let for £625 pcm, which may suit investors seeking immediate rental income but restricts vacant possession timing.
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