Compact two-bedroom requiring modernisation, ideal for buy-to-let investors.
Long lease approx. 142 years
A compact first-floor two-bedroom flat above a parade of shops on Mengham Road, offered with a long lease (approx. 142 years). The property has been let for many years and presents a straightforward buy-to-let opportunity or a first step on the ladder for a buyer willing to modernise. Recent cavity wall insulation was fitted about a year ago and an EICR certificate is in place; heating is by electric storage heaters.
The accommodation is small (about 549 sq ft) and requires renovation throughout to reach rental or resale potential. There is no private parking or garden and the principal outlook faces the busy high street, which suits investors seeking town-centre rentals but may be a drawback for buyers needing quiet or outside space. A share of maintenance and insurance is payable; roof is flat and the building dates from the 1950s–60s.
Practical positives include fast broadband and excellent mobile signal, a very low council tax band, no flood risk, and close proximity to shops, schools and public transport. EPC currently low (E) with scope to improve; upgrading heating and internal finishes would materially increase income or resale value. Sold leasehold — check service charge/maintenance arrangements before purchase.
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