Compact, well-presented apartment close to Wellington amenities and M54 links.
Allocated off-street parking and maintained communal gardens
Long lease: 977 years remaining — secure tenure
Compact internal size: about 371 sq ft, small rooms
EPC rating C; gas central heating and UPVC double glazing
Service charge £729.66pa and ground rent £102.06pa (modest)
No upward chain; vacant possession on completion
Previous rent £590pcm — approx. 7.32% gross yield for investors
Local crime level above average — consider security/insurance
This ground-floor, one-bedroom apartment offers a compact, well-presented home in a quiet cul-de-sac close to Wellington town centre. The layout is efficient: a modest living room opening to a fitted kitchen, a bedroom with built-in wardrobe, and a practical bathroom. The property is ready to move into and benefits from gas central heating and UPVC double glazing.
Long lease tenure (977 years) and low annual running costs make this a straightforward purchase for a first-time buyer. Allocated off-street parking and maintained communal gardens add usable outdoor space without upkeep. The property is sold with no upward chain and has an EPC rating of C.
Investors will note a previous rent of £590pcm producing a gross yield around 7.3% at the asking price. Service charge (£729.66pa) and ground rent (£102.06pa) are modest, supporting rental management. Council Tax band A keeps monthly costs low.
Be aware the apartment is small (approximately 371 sq ft) and rooms are compact; the layout suits a single occupant or couple rather than a family. Local crime levels are above average for the area — buyers and landlords should factor that into parking, security and insurance decisions.
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