Ready-to-let modern first-floor flat with allocated parking and long lease.
First-floor two-bedroom flat with open-plan lounge and Juliette balcony
This first-floor two-bedroom apartment, built in 2005, suits first-time buyers or buy-to-let investors seeking solid rental returns and low running council costs. The open-plan lounge/diner with a Juliette balcony and modern kitchen create a bright, practical living space ready to occupy or let immediately. Allocated off-street parking and fast broadband/mobile signal add everyday convenience.
Practical ownership details are straightforward: leasehold with approximately 129 years remaining, ground rent around £130 per year and a service charge about £921 paid half-yearly (c. £1,842 annually). These costs are typical for managed blocks but should be factored into affordability and yield calculations.
Location delivers strong transport links, nearby amenities and local schools, although the wider area scores as deprived and local crime levels are high. That affects desirability for some buyers but supports rental demand and the advertised approximate 7% yield for investors. The flat is offered with no upward chain, so completion can be relatively quick.
Overall this is a practical, low-maintenance modern flat with clear investment potential and modest holding costs. Buyers should weigh the area’s higher crime and deprivation statistics against the property’s long lease, allocated parking and immediate rental prospects.