Summary - Flat 49, The River Buildings, 24 Western Road LE3 0GR
2 bed 2 bath Flat
Chain-free riverside flat with balcony, parking and long lease — ideal first home..
Allocated off-street parking and secure gated entry
Balcony with riverside views over the Grand Union Canal
Chain-free sale with approximately 113 years remaining on lease
Electric room heaters; no communal gas central heating
High local flood risk — consider insurance and mitigation
Area: cosmopolitan student neighbourhood with above-average crime
Suitable for first-time buyers or investors; likely good rental demand
Ground rent circa £250 pa; council tax moderate
Set on an upper floor of a modern riverside development, this well-presented two-bedroom flat offers bright open-plan living and a balcony with direct views over the Grand Union Canal/ River Soar. The layout includes an entrance hall, open-plan lounge/diner with kitchen, a master bedroom with en-suite, a second bedroom and a family bathroom — comfortable space for a first home or a rental unit.
Practical benefits include allocated off-street parking, secure gated entry and a long lease of approximately 113 years. The property is offered chain-free and sits within walking distance of Narborough Road amenities, transport links and local schools, making daily life convenient for new buyers.
Important practical points: the flat uses electric heaters (no communal gas), main fuel is electricity, and the area is marked as having a high flood risk. The neighbourhood is a cosmopolitan, student-oriented area with above-average crime statistics and pockets of deprivation — factors to weigh for living comfort or lettability.
Overall this apartment represents an accessible purchase for first-time buyers seeking riverside views and modern apartment living while accepting trade-offs around heating type, neighbourhood profile and flood risk. It also offers potential as a rental investment for those comfortable with the local market dynamics.
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