Ready-let town-centre flat with long lease and low running costs for investors.
- Ground-floor one-bedroom apartment, 459 sq ft
- Tenant in situ — immediate rental income potential
- Long lease: 958 years remaining
- Service charge £960 pa; council tax band B (cheap)
- Large lounge with walk-in bay window, good natural light
- Gas central heating and double glazing throughout
- Sold via Secure Sale online bidding; auction terms apply
- Local crime levels are higher than average; consider tenancy risk
This one-bedroom ground-floor apartment sits in the heart of Ormskirk, a compact and well-presented flat with a long lease and steady running costs. Its large lounge with a walk-in bay window and modern shower room make it straightforward to let or occupy. The property is sold with a tenant in situ, offering immediate rental income for buy-to-let buyers.
Practical features include gas central heating, double glazing throughout, off-street parking and well-maintained communal gardens. The service charge is £960 per year and the remaining lease length is very long at 958 years, which supports long-term value and mortgageability. At 459 sq ft the apartment is average-sized and easy to manage.
Notable considerations: the sale is via Secure Sale online bidding and will complete under auction terms, so buyers should review the conditions carefully. The local area records higher crime levels than average — a factual local factor to weigh for future tenants or occupiers. The building dates from the late 1960s/early 1970s and cavity walls are assumed to lack insulation, which may limit energy efficiency without retrofit work.
Overall, this is a low-maintenance, centrally located one-bedroom with income potential and straightforward running costs. It will suit investors seeking an immediately let asset or buyers wanting a compact, accessible home in Ormskirk’s town centre.