Summary - 126, Drapers Fields CV1 4RD
2 bed 1 bath Apartment
Affordable central living with low running costs and long lease.
- Two bedrooms and one bathroom in 539 sq ft
- Long lease: 161 years remaining (leasehold)
- EPC rating C; double glazing (install date unknown)
- Electric storage heating; mains electricity (no community system)
- Service charge ~£1,200/year; ground rent £60/year
- Small overall size; no separate reception room and limited kitchen space
- Very high local crime rate and very deprived area classification
- Fast broadband and excellent mobile signal
Set within the Canal Basin, this compact two-bedroom flat of 539 sq ft offers affordable city-centre living with a long lease and reasonable running costs. Built circa 1996–2002 and rated EPC C, the home suits buyers prioritising low maintenance, central location and a straightforward layout. The flat has double glazing (install date unknown) and electric storage heating.
Practical running costs include a modest council tax band B and a long lease of 161 years; service charge is approximately £1,200 per year with a small ground rent of £60. The accommodation is small and the layout does not include a separate reception room; the kitchen area is limited in size and the space is best suited to buyers who value location and affordability over generous living areas.
Buyers should note material negatives: the local area is classified as very deprived with a very high crime rate, which may affect suitability for some households and rental demand. Excellent mobile signal and fast broadband support working-from-home needs, while nearby schools and a range of local amenities provide convenience. This property is most appealing to first-time buyers or investors seeking an affordable, low-maintenance city flat with potential for minor improvements.
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