Low-price renovation opportunity near shops and transport for cash buyers.
- Chain-free second-floor two-bedroom apartment, 658 sq ft
- Sold at online auction — buyer to complete due diligence
- Requires full modernisation throughout; dated decor and flooring
- UPVC double glazing and electric storage heating installed
- Leasehold: 88 years remaining; annual service charge ~£1,956
- EPC rating E; single wet room likely needs updating
- Close to shops, transport links and schools; strong rental potential
- Local area records higher crime; consider management/security costs
A second-floor, two-bedroom apartment offered chain-free and sold via online auction — a straightforward purchase route for investors or cash buyers. The building offers secure communal access, lift service, and well-kept shared gardens, with the flat arranged in a linear layout across approximately 658 sq ft.
The flat has UPVC double glazing and electric storage heating, and the kitchen includes fitted units with an electric hob and oven. The property requires full modernisation throughout, with dated finishes, patterned wallpaper and old carpets evident in the living areas. The wet room will likely need updating to meet modern buyer or tenant expectations.
Practical considerations: leasehold with 88 years remaining, an annual service charge around £1,956 and an EPC rating of E. Located close to local shops, transport links and schools, the location supports strong rental demand but the area records higher local crime and is classed within a challenged transition area — factor in refurbishment costs and management plans when calculating yield.
This apartment is best suited to purchasers comfortable with renovation and auction timelines: ideal for a buy-to-let conversion or a value-focused refurbishment to add capital growth. The combination of low purchase price and proximity to amenities offers opportunity, provided lease length and service charge are acceptable to the buyer.
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