Summary - 7 FLAT 5 LIND STREET RYDE PO33 2NQ
1 bed 1 bath Flat
Minutes from ferry, beach and Ryde shops — strong rental potential.
Chain-free one-bedroom top-floor flat with period character
Set on the top (second) floor of a Grade II listed Georgian terrace in the heart of Ryde, this chain-free one-bedroom apartment offers immediate central convenience and proven rental history. The apartment has high ceilings and sash-style windows that reflect period character and provide a bright, airy feel. It was a successful let until recently and sits just a five-minute walk from ferry links, the beach and local shops.
Accommodation comprises an open-plan kitchen/living area, one double bedroom and a bathroom. The flat is compact (approximately 453 sq ft) and in generally good order but would benefit from modernisation to maximise rental income or personal comfort. Heating is by electric room heaters; there is no central heating system in place.
Practical points to note: the property is leasehold with 961 years remaining, service charge of £850 pa and ground rent of £10 pa. As a Grade II listed building, any alterations will be restricted and require listed-building consents. The building’s construction suggests cavity walls with no added insulation, so energy performance may be poorer than modern homes.
The location and size suit an investor seeking a low-management, central rental, or a buyer wanting a compact pied-à-terre near transport links. Be aware of the property’s conservation status, limited heating, and urban area characteristics when considering refurbishment costs and ongoing running expenses.
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