Furnished one-bed in converted mill — long lease, pool/gym access, cash buyers only.
One double bedroom, newly renovated and sold fully furnished
A newly renovated one-bedroom apartment in the converted Sugar Mill at Blakeridge offers immediate rental or buy-to-let potential. The apartment is sold fully furnished, with an open-plan living/kitchen, double bedroom and modern shower room — practical for a single tenant or a professional couple. The lease is exceptionally long (984 years) and the building dates from 2012 onwards, combining period mill character with contemporary finishes.
Facilities include on-site parking and access to a communal indoor pool and gym (available at extra cost). The building’s industrial architecture provides high ceilings and large rooms, giving a sense of space unusual for one-bedroom flats. Broadband and mobile signal are strong, supporting remote working and tenant appeal.
Notable costs and considerations: the property is leasehold with an annual service charge of £1,821.74 and ground rent of £451.41. Heating is by electric room heaters rather than gas central heating, which can be more expensive for long-term running costs. The wider area has high crime levels and high deprivation scores, which will affect tenant demand and resale positioning. Cash buyers only — suitable for investors able to purchase without mortgage financing.
This flat suits investors seeking a low-input rental with immediate income and minimal DIY, or buyers wanting a compact, furnished home in a distinctive converted mill. Be aware of running costs, on-going service charges, and local area challenges when assessing yield and long-term value.
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