Affordable, low-maintenance flat with parking — ideal for first buyers or investors.
No onward chain — vacant possession at sale
Allocated off-street parking included with the flat
Two bedrooms: one double, one small single
Leasehold with ~70 years remaining — lenders may decline
Sold at Modern Auction — reservation fee and buyer charges apply
Service charge approx. £1,750pa; ground rent £120pa
Compact total area ~453 sq ft; suitable for single/ couple or investor
Contemporary 1996–2002 build; gas central heating and double glazing
This two-bedroom leasehold apartment in Peatmoor offers a compact, well-presented home with allocated parking and no onward chain — ideal for a first purchase or buy-to-let prospect. The block is contemporary, built c.1996–2002, and the flat benefits from double glazing, gas central heating and a functional fitted kitchen. Living space is modest but bright, with a double and a small single bedroom and a straightforward three-piece bathroom.
Buyers should note the material lease and sale terms: the lease has about 70 years remaining, which may restrict mortgage options and reduce long-term resale value unless extended. The property is offered through a Modern Auction route with an undisclosed reserve, non-refundable reservation fee (4.5% or minimum £6,600 inc. VAT) and additional buyer costs — factor these into your budget before bidding.
Ongoing costs include an average service charge of around £1,750 and a ground rent of £120 per year. The development is in a quiet, low-crime area with fast broadband and good local schools and amenities nearby, which supports rental demand or practical everyday living. Overall, this is a compact, ready-to-occupy home with clear potential, best suited to buyers who understand leasehold and auction purchase processes.