Chain-free one-bedroom ground-floor flat with parking and lakeside walks—ideal first purchase or buy-to-let..
Ground-floor one-bedroom apartment with open-plan living
Allocated off-street parking plus ample visitor bays
Chain-free; recently re-carpeted throughout
Mains gas central heating; double glazing (pre-2002)
Located on Watermead near lakes, walkways and shopping plaza
Leasehold: c.89–90 years remaining — consider lender limits
Service charge approx £1,200pa; ground rent £250pa
Potential rental yield ~6.5% at £1,000pcm (seller estimate)
This ground-floor one-bedroom apartment sits on the popular Watermead development, offered chain-free and recently re-carpeted throughout. The open-plan living area and large double bedroom make efficient use of the 458 sq ft, creating a practical home for a first-time buyer or a straightforward rental opportunity for investors.
Outdoor benefits include an allocated off-street parking space, ample visitor bays, and easy access to scenic lakeside walkways and a small on-site shopping plaza. The property has mains gas central heating, a boiler with radiators, and double glazing (installed before 2002) for basic thermal performance.
Practical points to note: the flat is leasehold with approximately 89–90 years remaining, an annual service charge of about £1,200 and ground rent of £250 per year. These running costs and the shorter lease length will be important for mortgage lenders and future buyers to consider.
For investors, the seller’s estimate suggests a potential gross rental yield of around 6.5% at an assumed rent of £1,000 pcm. For owner-occupiers this is an affordable, low-maintenance option in a very low-crime, well-connected town location with good local schools and fast broadband.
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