Characterful two-bed flat near the Hoe — long lease, parking, needs some updating.
Two double bedrooms and large lounge with high ceilings
Set in a sought-after Hoe location, this compact two-bedroom flat offers period charm, off-street parking and strong rental potential. At about 593 sq ft the home has high ceilings, original features and a large lounge that maximises living space for a first-time buyer or buy-to-let investor.
Practical positives include a very long lease (957 years), low service charge (£480 pa), mains gas central heating and fast broadband/mobile signal. The flat sits within a Victorian mid-terrace with granite walls and secondary glazing, and is a short walk from the waterfront, city centre and major employers.
Buyers should be aware the overall size is small and some rooms and the kitchen show wear and will benefit from updating. The building’s granite walls are likely uninsulated which can affect running costs despite gas central heating. The area is described as very deprived and a cosmopolitan student neighbourhood, which is relevant if secure long-term owner-occupation is a priority.
This property suits first-time buyers seeking a characterful starter home close to the Hoe, or investors looking for a city-centre rental with low service charges and easy tenant demand. Viewings are recommended to appreciate the size, layout and period features in person.