Town-centre investment or starter home with immediate rental potential.
Two double bedrooms with a spacious main reception room
Recently refurbished throughout; ready to occupy or let
Estimated rental potential about £650 pcm
First-floor flat above shopping arcade; town-centre location
Leasehold tenure and sold chain-free
EPC Grade E — may need energy improvements
Electric storage heating — higher running costs possible
Outside space present; potential daytime noise from shops
A recently refurbished two-bedroom first-floor flat above Cheveley Park shopping arcade, offered chain-free and ready to occupy or let. Large front windows bring good natural light to the living room; the layout is sensible for a compact town-centre apartment.
For investors the property has obvious appeal: estimated rental potential around £650pcm and fast broadband make it straightforward to let to single professionals or couples. The location within Belmont’s shopping precinct gives walkable access to shops, transport links and local amenities.
Buyers should note material drawbacks: the flat is leasehold (advertised as such) and uses electric storage heating, which raises running costs compared with gas. The EPC is graded E, so further insulation or heating upgrades may be needed to improve efficiency and appeal. Being above shops also brings potential daytime noise and a town-centre feel rather than a secluded residential aspect.
Overall this is a compact, low-price entry property with recent cosmetic refurbishment and lettings potential; it suits investors or first-time buyers willing to accept electric heating and an urban location or who plan small efficiency upgrades.