Ready-made rental with parking and modern fixtures for cash buyers.
First-floor one-bedroom flat, approximately 345 sq ft
Refitted kitchen and bathroom; neutral recent decoration
Two allocated off-street parking spaces
Electric heating; double-glazed windows throughout
Approximate rental value £850 pcm (investment potential)
Lease c.63 years — mortgage lenders may refuse to lend
Small overall size; suited to single occupants or couples
Vacant possession — ready for immediate occupation or letting
A neatly presented, newly renovated one-bedroom apartment on the first floor, offered with vacant possession and two allocated parking spaces. The flat includes a refitted kitchen and bathroom, neutral decoration throughout and electric heating, making it move-in ready for a buyer who can complete a cash purchase.
This property is marketed most strongly to investors or buy-to-let purchasers: approximate rental value is around £850 pcm, and the location in Locks Heath is close to shopping and quick access to the M27. The compact layout (approximately 345 sq ft) suits single occupants or couples and offers straightforward rental appeal with low maintenance communal surroundings.
Important practical note: the lease has around 63 years remaining. Many mortgage lenders have minimum lease-term requirements and may refuse to lend on this tenure, so this property is for cash buyers only. Buyers should factor potential lease-extension costs into any purchase price or investment appraisal.
The flat offers scope to add value through minor cosmetic or energy-efficiency improvements, but there are no reported flooding risks or significant local crime concerns. Early viewing is recommended for buyers wanting an inexpensive entry into the local rental market or a compact city-base in a very affluent area.
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