Compact investment with strong rental yield after renovation.
Cash buyers only — no mortgage finance accepted
A one-bedroom first-floor apartment in a Victorian end-terrace, offered for cash buyers and in need of renovation. The property sits in a town-centre location with fast broadband, excellent mobile signal, and immediate access to shops, transport links and local amenities.
This flat presents strong rental potential—advertised 10% yield—thanks to a compact 558 sq ft layout, separate kitchen, double bedroom and bay-window living room. The long lease (105 years), low annual ground rent (£50) and typical service charge (£1,258) make ownership straightforward for buy-to-let investors prepared to refurbish.
Important negatives are direct and material: the property requires renovation, sits in a very high crime and very deprived area, and is leasehold with ongoing service charges. Sale is by cash buyers only and buyers should factor in refurbishment costs, full testing of services, and indemnifying searches and surveys as part of the purchase.
For an investor seeking a value refurbishment in a well-connected town centre, this apartment offers clear upside once upgraded. For buyers needing mortgage finance, note the cash-only condition and plan accordingly.
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