Summary - 99 Colonel Drive L12 4YG
2 bed 1 bath Flat
**Standout Features:**
- Two-bedroom upper floor apartment
- Chain-free sale with tenant in situ, currently rented at £650 PCM
- Modern design with a large open-plan lounge and contemporary dining area
- Excellent double glazing and central heating
- Allocated off-street parking with visitor spaces
- Long lease with 977 years remaining
- Affordable council tax and low ground rent
**Potential Concerns:**
- Public notice indicates competing offers starting at £85,000, implying urgency
- High crime rate in the area and classification as hampered neighbourhood
- Location in a deprived area may affect long-term value
This appealing two-bedroom flat, priced at just £99,950, presents an excellent opportunity for investors or first-time buyers seeking a modern living space with rental income. With an inviting, contemporary design and an open-plan layout, this home is perfect for comfortable living. Boasting fast broadband and excellent mobile signal, you'll stay connected while enjoying the convenience of nearby amenities, schools, and public transport.
Although the surrounding area faces challenges such as higher crime rates and classification as a deprived neighborhood, the property itself is well-maintained with double glazing and cavity wall insulation, promising low upkeep. With a long lease of 977 years and manageable costs, including a low ground rent of £150 per annum and a reasonable service charge, this property offers not only a secure living space but also flexibility for future renovations. Don't miss this chance—opportunities like this don’t last long!
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