Affordable two-bedroom near Ryde beach—ideal for first-time buyers or investors.
- Top-floor apartment with approx. 677 sq ft of living space
- Two generously sized bedrooms and a modern bathroom
- New boiler fitted 2023; double glazing for improved efficiency
- Off-street parking and communal rear gardens included
- Short walk to Ryde beach and town centre amenities
- Leasehold with around 90 years remaining (affects mortgages/value)
- Local area shows signs of deprivation; crime rated average
- Council tax band is low, helping ongoing running costs
Set on the top floor of Spencer House, this two-bedroom apartment offers a practical, well-presented base close to Ryde town centre and the seafront. The living space measures around 677 sq ft with two good-sized bedrooms and a modern kitchen and bathroom, making it ready to occupy or let straightaway.
Comfort and running-costs are addressed: the property has double glazing, gas central heating and a new boiler fitted in 2023. Off-street parking and communal rear gardens add convenience and outdoor space without private maintenance. Broadband speeds and mobile signal are strong in the area, useful for remote working or holiday lettings.
The flat is leasehold with about 90 years remaining — a manageable term for many buyers but an important consideration for mortgage lenders and long-term value. The wider neighbourhood is classified as an ageing, delayed-retirement community and shows signs of area deprivation; local crime levels are average. These factors may influence suitability for some buyers and rental yields.
Overall this is a sensible, budget-friendly option for first-time buyers seeking seaside access or investors looking for a straightforward buy-to-let. The combination of location, recent boiler, and off-street parking gives immediate appeal, while the lease length and local area profile are the main points to weigh up before proceeding.
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