Cash-only two-bed maisonette ideal for investors or cash buyers; short lease applies..
- Two-bedroom ground-floor maisonette with private rear garden
- Short lease (c.47 years): lenders likely to refuse mortgages
- Cash buyers only due to lease length
- En-bloc garage included (access not measured)
- Electric storage/room heaters; no gas central heating
- Low annual service charge (approx. £63.50) and small ground rent
- EPC D; council tax band B
- Popular Squirrels estate location near schools and shops
Set on the popular Squirrels estate, this ground-floor two-bedroom maisonette offers straightforward, low-maintenance accommodation and a private rear garden. The layout includes a generous front reception with a bay window, a fitted kitchen, two well-proportioned bedrooms and a modern bathroom — practical for long-term tenants or downsizers seeking single-level living.
This property is sold on a cash-only basis due to the short lease (approximately 47 years remaining). That limited lease length is the defining issue: most mortgage lenders will refuse to lend, so buyers must be cash-ready. The home is leasehold with a small ground rent (£22.50 pa) and low service charge (approx. £63.50 pa), but buyers should budget for lease extension costs and seek solicitor verification.
Running costs are modest: council tax band B and no immediate flooding risk. Heating is by electric storage/room heaters and the property has double glazing; there is no mains gas. An en-bloc garage is included (access/measurements not confirmed). EPC rating recorded as D.
For investors this presents a competitively priced buy-to-let with reliable rental demand in a comfortable, well-regarded neighbourhood close to schools, shops and transport. For cash buyers wanting a small, manageable home in a quiet location, the maisonette is tidy and ready to occupy, though lease and potential refurbishment/energy upgrades should be factored into plans.
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