Summary - 2, Garden Vale, LEIGH WN7 5SY
1 bed 1 bath Flat
Low-entry investment with parking and long lease near Leigh town centre.
- One-bedroom flat with open-plan lounge/kitchen and feature bay window
- Long lease: 232 years remaining (from 250-year term)
- Communal gardens and private off-street resident car park
- Vacant ERV income quoted at £6,600 per annum
- Service charge ~£1,793.26 per year; ground rent £119.76 pa
- Heating via convector heaters; may need upgrade for efficiency
- Compact kitchen and bathroom; modernisation could increase value
- Located in a very deprived area but with very low local crime
A one-bedroom leasehold flat in a modern brick block close to Leigh town centre, offered as a straightforward investment. The open-plan lounge/kitchen with a feature bay window provides flexible living space and good natural light. The property is heated by convector heaters and has standard-height ceilings throughout.
Practical features include communal gardens, private resident parking, and a long lease (232 years remaining). Current void ERV is quoted at £6,600 per annum, making this suitable for a landlord seeking a low-entry investment in a major conurbation with very low local crime.
Buyers should note the annual service charge is relatively high at approximately £1,793.26 and there is a small ground rent of £119.76 per annum. Heating is by convector heaters rather than central heating, and the kitchen and bathroom are compact — suitable for rental but likely to need updates over time to maximise rent and capital growth.
This unit suits an investor seeking a low-maintenance flat with decent lease security and town-centre location. For an owner-occupier, it will appeal to a first-time buyer wanting a compact, affordable home close to local amenities, schools and public transport, but expect some modernisation for comfort and efficiency.
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