Compact, low-maintenance flat ideal for first-time buyers or buy-to-let investors.
Heart of Woodley town centre, immediate access to shops and transport
Open-plan kitchen/lounge with compact, modern fitted kitchen
Private balcony provides small outdoor space
Ground-floor flat, approximately 486 sq ft, suitable for one or two people
Leasehold with c.103 years remaining
Annual service charge £1,307.12; ground rent £100 pa
Sold at auction — 5% non-refundable deposit and up to 6% reservation fee
Rental potential circa £1,200 pcm (no tenant guaranteed)
Set in the heart of Woodley town centre, this one-bedroom ground-floor flat offers practical, low-maintenance living for a first-time buyer or investor. The open-plan kitchen/lounge and double bedroom make efficient use of the 486 sq ft layout, complemented by a private balcony for outdoor space. The building is modern (constructed 2007–2011), well-glazed and gas-heated, with fast broadband and excellent mobile signal.
For investors the property has clear rental potential (quoted around £1,200 pcm) and no onward chain, allowing a quick purchase if successful at auction. The lease has about 103 years remaining, and running costs are straightforward: ground rent £100 pa and annual service charge £1,307.12.
Important purchasing details are factual and material: the property is being sold via online auction. Successful bidders must pay a non-refundable 5% deposit on exchange and a non-refundable reservation fee of up to 6% (including VAT), subject to a minimum of £6,000. Buyers should allow for those upfront costs and check stamp duty implications before bidding. Otherwise, the flat presents a convenient, central home or a compact buy-to-let opportunity.
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