Price £40,000 — very low entry point
Freehold ground-floor flat, 589 sq ft, one bedroom
Gas central heating; boiler replaced Dec 2023
Double glazing; recent preservation work under guarantee
Modern galley kitchen; lounge retains period character
Shared rear drying green — no private garden maintenance
Very deprived local area — may affect resale and rental demand
Modest size and requires some cosmetic updating
Comfortable, budget-priced ground-floor flat offering straightforward living for a first-time buyer or investor. The one-bedroom layout is practical: lounge, galley kitchen and shower room sit within a traditional Edwardian terrace footprint, with double glazing and gas central heating (boiler replaced December 2023). Recent specialist preservation work is guaranteed, reducing immediate major-repair risk.
At 589 sq ft, space is modest but well arranged. The kitchen is modern and bright with fitted units; the lounge benefits from period character such as a bay/chimney feature. Shared rear drying green provides outdoor space without the maintenance of a private garden. Leven town centre and the local rail station are within easy reach, making commuting and access to shops straightforward.
Buyers should note the property sits in a very deprived local area; this influences local services and may affect resale values. The flat is offered at a low asking price of £40,000, reflecting its budget condition and the need for some updating in parts. Council tax is very cheap and there is no flood risk.
This is a pragmatic purchase for someone seeking an affordable entry onto the property ladder or a low-cost buy-to-let with decent connectivity. Expect modest rental and capital-growth prospects tied to the neighbourhood; refurbishment or cosmetic updating would unlock more of the flat’s potential.