Summary - Melville, Park Way RG14 1DZ
1 bed 1 bath Flat
Compact modern flat near shops and transport — prime for investors or a central city base.
- Town-centre location with strong transport and amenity access
- Compact one-bedroom, 459 sq ft, practical layout for renting
- First-floor apartment with small outdoor space and balcony
- Gas central heating, double glazing, combination boiler present
- Kitchen finish needs TLC; cosmetic updating recommended
- Leasehold: ~90 years remaining; ground rent £300 pa
- High local crime rate may affect insurance and lettings
- Fast broadband and excellent mobile signal appealing to tenants
Set in the town-centre of RG14, this one-bedroom first-floor flat offers a compact, modern apartment aimed squarely at investors or someone seeking a low-maintenance city-base. The property sits in a contemporary development (built 2007–2011) with a small first-floor outdoor space and good broadband and mobile signal — attractive to tenants and short-let demand.
Internally the apartment has a sensible layout: a living room, L-shaped kitchen/diner with integrated appliances, one double bedroom with built-in wardrobes and a bathroom with thermostatic shower. Gas central heating to radiators, double glazing and a combination boiler are in place, reducing immediate major expenditure for a landlord or buyer.
Notable negatives are practical: the flat is leasehold with about 90 years remaining and a ground rent of £300, and it sits in an area with higher crime rates which may affect rental income or insurance costs. The kitchen cabinetry and some finishes need TLC and would benefit from cosmetic updating to maximise rent or resale value.
With its central location close to shops, transport and schools, this apartment suits buy-to-let investors seeking steady demand or first-time buyers prioritising location and low upkeep. Factor in lease length, ground rent and local area issues when assessing long-term return or mortgage eligibility.
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