Ready-made investment or first home in a convenient Garden City location.
Chain-free top-floor one-bedroom apartment, ready to occupy or rent
Approximately 544 sq ft; practical two-room layout with built-in storage
Currently a buy-to-let; can be sold with tenant in place
82 years remaining on the lease (leasehold tenure)
Service charge £720pa and ground rent £10pa (below-average service charge)
Electric underfloor heating; electricity main fuel — potentially higher bills
Communal grounds, two lifts and off-street residents' parking provided
Local area classified as deprived — consider long-term growth implications
This top-floor, one-bedroom apartment in Letchworth Garden City offers a straightforward, chain-free purchase with immediate rental potential. Positioned in a well-maintained block with two lifts and communal grounds, it presents a light, airy living room, modern kitchen and a double bedroom with built-in storage. Communal off-street parking adds convenience for residents.
The flat is presented in good condition and is currently held as a buy-to-let, so it can be sold with a tenant in place or vacant for an owner-occupier. At approximately 544 sq ft and with double glazing, the layout is practical for a first-time buyer or an investor seeking a low-management rental. Service charge and ground rent are modest, and there is no local flooding risk.
Notable practical points: this is a leasehold property with 82 years remaining, electric underfloor heating and electricity as the main fuel source, which can mean higher running costs compared with gas-heated homes. The wider and local area classifications indicate deprivation, so purchasers should weigh long-term capital growth prospects. Overall, the property represents an accessible entry to the local market or a ready-made investment with minimal immediate works required.
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