Period one-bed with strong rental potential and scope to add value.
Large front-facing lounge with high ceilings and period features
Located on Clarendon Park Road, this one-bedroom leasehold apartment sits in a lively students-and-professionals neighbourhood with fast broadband and excellent mobile signal. The flat occupies part of an Edwardian terrace and benefits from high ceilings, a large front-facing lounge, a generous double bedroom and access to a well-maintained communal garden.
The property requires some TLC and cosmetic updating — the kitchen and bathroom would benefit from modernisation — making it suitable for an investor or a buyer happy to complete works. EPC rating D. Lease around 91 years remaining, service charge £797.64 pa and ground rent £10 pa; the vendor specifies cash buyers only.
Income potential is stated at up to £750 pcm, offering an attractive gross yield for a buy-to-let purchaser at the asking price. Its city location gives easy access to local shops, bars, transport links and several schools, appealing to students, professionals and local renters.
Key positives are the size (approx. 824 sq ft reported), period character and central Clarendon Park location. Material drawbacks that buyers must factor into budgets are the short-to-medium lease length for a leasehold (circa 91 years), the need for refurbishment and the cash-buyers-only requirement.
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