**Standout Features:**
- Investment Potential: Ideal for cash buyers looking for renovation opportunities
- Ground floor apartment with direct access to shared garden
- Excellent rental yield potential
- Good accessibility to local amenities and schools
- Double glazing and ample storage space
- Auction sale with urgency, ending on 20/8/25 at 12 PM
**Concerns:**
- Short lease of 36 years (leasehold)
- Mortgage lenders may refuse financing
- Requires significant modernization
- Above average crime rates in the area
This two-bedroom ground floor apartment, now available for auction, presents a lucrative investment opportunity priced at £45,000. Set in a 1960s modernist brick facade building, the apartment requires renovation, allowing buyers to craft their ideal space. With a desirable layout that includes a private entrance hall, a spacious living room, and two double bedrooms, there’s also a wet room and direct access to a shared lawned garden.
Situated in a vibrant urban area, the property benefits from excellent broadband speeds and mobile coverage, making it ideal for modern living. Buyers will appreciate the nearby schools, catering to families, and a variety of local amenities within easy reach. However, it is essential to note that the remaining 36-year lease may complicate financing options. This auction has a reservation period that must be utilized within 56 days, making it a time-sensitive opportunity for cash buyers seeking value. Don’t miss your chance to secure this property and refresh it to maximize its full potential.
