Summary - Flat 2 Great Downs, 2b, Downs Road LU1 1QD
1 bed 1 bath Flat
**Standout Features:**
- Chain-free one-bedroom flat
- Open plan lounge and fitted kitchen
- Current gross yield of 4.7%, potential to increase to 5.2%
- Approximately 95 years left on the lease
- Excellent transport links and local amenities
- Modern décor and bright spacious rooms
**Potential Downsides:**
- Smaller overall size (391 sq ft)
- Located in an area with high crime rates
- Service charge of £1,200 per year
Discover your ideal first home or investment opportunity in this stylish, chain-free one-bedroom flat, elegantly designed for comfort and convenience. With an open-plan lounge and modern fitted kitchen featuring laminate flooring and integrated appliances, this residence exudes contemporary charm. The spacious bedroom is filled with natural light, while the three-piece bathroom suite offers practical functionality.
Perfectly positioned for easy access to local amenities and transport links, this flat is an excellent proposition for first-time buyers and investors alike, demonstrating a solid current gross yield of 4.7% with the potential for further rental income. The property’s tenure includes an approximate 95-year lease, ensuring long-term peace of mind.
Although the flat is situated in an area classified as higher crime, the excellent mobile signal and fast broadband speeds add to its appeal, making it suitable for young professionals and students in this vibrant cosmopolitan neighborhood. While the size may be compact, the property's modern finishes and chain-free status offer a unique opportunity that shouldn't be missed. Book a viewing today, as properties in this desirable locale don’t last long!
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