Long lease, low service charge and allocated parking near Standish amenities.
8% quoted rental yield, attractive for investors
A ground-floor two-bedroom apartment in a Victorian mid-terrace, offered with no onward chain and strong investor appeal. The property is presented with a modern interior hallway, a bright open-plan living/kitchen, two bedrooms and a fitted bathroom. A secure entrance and tall period sash windows retain character while the layout suits rental demand or first-time buyers seeking low-maintenance living.
Key financial strengths are clear: a quoted 8% rental yield, an asking price of £110,000, very low service charge (£75 pcm) and an unusually long lease (779 years). One allocated off-street parking space and visitor bays add practical value in this comfortable suburbia location close to Standish village amenities and good transport links.
Important considerations: the building is Victorian with solid brick walls and no assumed cavity insulation, which may affect heating costs and future upgrade work. Broadband speeds are average and there is one bathroom only. The tenure is leasehold (no ground rent), but the very long lease effectively mitigates usual leasehold concerns.
Overall this apartment suits investors seeking immediate rental income and a low-running-cost property, or buyers wanting a characterful, ground-floor flat in a quiet, affluent neighbourhood. The combination of tall ceilings, period features and a low service charge creates clear medium-term appeal, though buyers should budget for potential thermal improvements if desired.
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