Affordable starter home with easy rail links and allocated parking.
One double bedroom with open-plan living
A compact, well-presented first-floor maisonette located in the heart of Newington, ideal for first-time buyers seeking an affordable entry onto the property ladder. The open-plan living area feels bright and practical and the double bedroom offers comfortable accommodation for a single occupant or couple. Allocated off-street parking and low-maintenance communal grounds add everyday convenience.
The property benefits from excellent transport links with Newington station within easy walking distance, making commuting straightforward. It is fully electric and presently heated by room heaters, keeping running systems simple but meaning heating upgrades could improve comfort and running costs. EPC rating D reflects average energy efficiency.
Practical details: the flat is leasehold with 88 years remaining, a modest ground rent of £50 per year and a service charge of £855 per year. Investors will note a current gross rental yield around 6.75% (based on stated rent), making this attractive for buy-to-let, while first-time buyers will appreciate low council tax and an accessible price point.
Buyers should be aware of limitations: the property relies on electric room heaters rather than a central system, double glazing predates 2002, and the remaining lease length is moderate — any buyer should factor these into mortgage and long-term planning. Overall this is a practical, commuter-friendly starter home or investment with clear potential for modest improvement.
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