Chain-free two-bedroom home near shops and transport — compact, easy-to-manage investment or starter option.
Chain-free first-floor two-bedroom flat, approximately 540 sq ft
Long lease (circa 964 years) — strong tenure position
One allocated off-street parking space
EPC rating C; double glazing present
Heated by electric room heaters — higher running costs likely
Service charge currently elevated; intended to drop after communal works
Area shows above-average crime and very high deprivation
Medium flood risk; check insurance and flood reports
This chain-free, first-floor two-bedroom flat in Lakeside Village offers a compact and practical home close to local shops, supermarkets and Doxford Park business hub. The open-plan living/dining room with large windows gives good natural light, and the layout suits a starter household or buy-to-let investor seeking straightforward accommodation in a well-connected area.
The property measures about 540 sq ft and has one allocated off-street parking space. The long lease (about 964 years remaining) is a strong legal advantage. EPC rating C and double glazing help energy performance, but the property is heated by electric room heaters and relies on electricity for fuel, which could mean higher running costs compared with gas-heated homes.
Note the area context: Lakeside Village sits in a very deprived, high-crime ward with medium flood risk; purchasers should factor location-specific insurance and personal security considerations into their plans. The service charge is currently higher to cover recent communal redecoration but is expected to reduce later in the year—confirm current figures with your solicitor.
Internally the flat is tidy with laminate floors throughout and a practical kitchen and bathroom, but it is modest in scale and will suit buyers comfortable with smaller living spaces. There is clear potential to add value through modernising finishes and replacing electric heating if budget allows.
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