Long lease, off-street parking and immediate rental income potential.
Ground-floor two-bedroom flat, 517 sqft open-plan living space
A compact ground-floor two-bedroom flat in the centre of Weston-super-Mare, offered with a long lease and off-street parking. The open-plan living area and modern kitchen make efficient use of the 517 sq ft, while double-glazed windows and gas central heating provide practical comfort. The property is currently let at £750 pcm and can be sold with or without the existing tenant, presenting immediate rental income or easy vacant possession.
The building dates from the early 20th century and retains period construction; some internal decor is dated and there is obvious scope to refresh finishes to increase value. Service charge (£612pa) and ground rent (£25pa) are low; the lease has 988 years remaining, reducing typical leasehold concerns. Council tax is low, and flooding risk is low.
This flat suits investors seeking a central, let property with straightforward management, or first-time buyers looking for an affordable, long-lease home with modest renovation potential. Note the local area records higher crime and overall deprivation metrics, so buyers should assess neighbourhood suitability personally. The property will be sold at auction via secure online bidding, which may suit buyers prepared for a faster, conditional purchase route.
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