Central commuter flat with immediate rental potential and long lease.
- Top-floor one-bedroom apartment with long lease (approx. 100 years)
- Town-centre location; short walk to Braintree station and amenities
- Tenants in situ — immediate rental income for investors
- Sold via Modern Auction; undisclosed reserve and buyer fees apply
- Service charge ~£1,678 pa; ground rent £150 pa
- Compact internal size (around 385 sq ft); no private garden
- External façade shows staining/mildew; communal maintenance likely
- Local area crime rate is very high — consider tenancy risk
A compact one-bedroom top-floor apartment in the heart of Braintree town centre, offered via Modern Auction with tenants in situ. The flat benefits from a long lease (about 100 years remaining), fast broadband, excellent mobile signal and convenient walking distance to Braintree station and local amenities — strong points for buy-to-let or a first purchase for an urban commuter.
The layout includes an open-plan lounge with a fitted kitchen, a double bedroom and a contemporary shower room. On-site communal parking is available beneath the building; there is no private garden. The building is modern (constructed post-2007) and double glazed, but external areas show staining and mildew that will likely require cleaning and minor repairs.
Important sale conditions: the property is sold by Modern Auction with an undisclosed reserve price and additional buyer fees, including a non-refundable reservation fee. It is offered with tenants in place, so investors gain immediate rental income but must accept the existing tenancy. Service charge and ground rent apply and should be checked against rental projections.
This apartment suits an investor seeking an easy-entry rental in a well-connected town-centre location or a first-time buyer wanting a manageable, low-maintenance home close to transport links. Be aware of the auction process, additional upfront fees, communal maintenance liabilities and the town’s higher local crime level when assessing suitability.
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