Long lease, allocated parking and riverside location near the station.
Top-floor studio with large boarded loft access
Compact top-floor studio in River Meads, St Margarets, offering a long lease and allocated parking. The well-presented living area includes a fitted kitchen, modern white bathroom suite and access to a large boarded loft — useful extra storage or conversion potential (subject to consents). The development sits in landscaped grounds with riverside access and is a short walk to the station and village high street.
This property is chain-free and currently let at £895 pcm, giving an indicative gross yield of about 6% for buy-to-let purchasers. The lease extends to approximately 152 years and the tenure is leasehold; average service charges run at around £2,230 per year. Council tax is low and flood risk is minimal.
Best suited to first-time buyers seeking a manageable, low-maintenance home, or investors looking for a small, established rental. Broadband speeds are slow in the area and the apartment is small (around 360 sqft), so viewings are recommended to judge space. The home is sold with vacant possession subject to tenancy arrangements being resolved.
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