One-bedroom ground-floor flat, approx. 345 sq ft
Close to train station, shops, cafes and local amenities
Leasehold: 108 years remaining, service charge £218 annually
Ground rent £200; additional leasehold fees possible
Electric storage heaters; consider heating upgrade for efficiency
Solid brick walls likely lack cavity insulation (improvement opportunity)
Small overall size — best for single occupant or investor
Located in cosmopolitan student area — good rental demand
A compact one-bedroom ground-floor apartment in NR1, ideal for a first-time buyer or buy-to-let investor seeking central location and rental potential. The open-plan lounge/kitchen and separate bedroom suit simple, low-maintenance living. The flat sits in a Victorian mid-terrace close to shops, the train station and local amenities, making commuting and short-term lets easy to manage.
Practical notes: the property is leasehold with 108 years remaining, a modest annual service charge (£218) and small ground rent (£200). Heating is by electric storage heaters and the building has solid brick walls with assumed no cavity insulation, so running costs and potential improvement works (insulation, heating upgrade) should be budgeted for. Double glazing was installed post-2002.
The apartment’s size (approx. 345 sq ft) and traditional layout limit spaciousness but reduce purchase price and maintenance. The area is described as a cosmopolitan student neighbourhood with average crime and some local deprivation; this supports strong rental demand but may not suit buyers seeking a quiet suburban environment. A basic cosmetic refresh or targeted refurbishment could increase value and rental income.
Buyers should arrange their own surveys and factor in possible additional leasehold/legal fees. Overall, this is a straightforward, well-located entry-price purchase with clear upside for buyers prepared to upgrade heating, insulation and cosmetic finishes.
