Affordable one-bedroom with renovation potential, communal parking and rental appeal.
Chain free one-bedroom first-floor apartment with additional small room
Set on the first floor of a 1960s block in West Cheshunt, this one-bedroom apartment (plus small additional room) is offered chain free and ready for a hands-on buyer or investor. The layout includes an open-plan lounge/kitchen, a double bedroom, and a third room previously used as extra sleeping space. External communal grounds and off-street parking add practical outdoor space for residents.
The flat benefits from double glazing, gas central heating and an EPC rating of C, so running costs should be reasonable once updated. At about 505 sq ft the property is an average-sized apartment with good natural light and a balcony accessed from the living room. Broadband and mobile signals in the area are strong.
Key considerations: the apartment needs modernisation throughout and the building shows mid-century wear, so budget for cosmetic and possible electrical or insulation improvements. The lease has approximately 94 years remaining; service charges average £2,325 pa and ground rent is nominal (£10). Local crime levels are above average and the neighbourhood faces socioeconomic challenges, which may affect long-term desirability for some buyers.
This is a straightforward purchase for a first-time buyer who wants to add value with refurbishment or an investor targeting rental income in a well-connected suburban location. Early viewing recommended to assess scope and costs for improvements.