Compact two-bedroom requiring cosmetic works with strong rental potential.
Auction sale 18th November; guide price £33,000 plus
Set within an attractive converted mill in Queensbury, this ground-floor two-bedroom flat offers characterful exposed stone walls, large windows and high ceilings in parts of the building. At around 456 sqft it’s compact but practical, with off-street parking, lift access and an intercom entry system for resident convenience.
The property is vacant and requires cosmetic improvements throughout — an ideal opportunity for an investor or a buyer wanting a low-entry home to personalise. Heating is by electric room heaters; the EPC is rated C. The flat will be sold by online auction on 18th November, guide price £33,000 plus, with bidding opening 17th November.
Practical costs and tenure are important: the lease is effectively long (approximately 981 years remaining), ground rent is £250 per year and the service charge averages £1,933.40 per year. Council Tax band C applies. These running costs should be factored into rental calculations or household budgets.
Location benefits include nearby local shops and amenities in Queensbury, good primary and secondary schools, fast broadband and excellent mobile signal. For buyers seeking an affordable renovation project or a rental addition in a multi-ethnic professional suburb, this flat represents clear potential — though the need for updating and the annual service charge are material considerations.
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