Low-cost, income-producing flat with private garden and parking.
- Two bedrooms, bright bay-front living room with period fireplace
- Fitted kitchen and modern tiled bathroom, move-in condition
- Private garden and off-street parking included
- Currently achieving approx. £1,200 PCM rental income
- Leasehold with about 75 years remaining — mortgage risk
- No ground rent or service charge listed
- Solid brick construction; likely no wall insulation
- Area has above-average crime; check local safety measures
This compact two-bedroom first-floor flat on Commercial Road offers straightforward, low-maintenance living or a ready rental income. The living room features a bay window and period-style fireplace, while the kitchen and bathroom have been updated to contemporary finishes. A private garden and off-street parking add practical outdoor and storage space that many flats lack.
The property is currently achieving around £1,200 pcm, delivering an attractive yield for a buy-to-let investor. There are no ground rent or service charges stated, and council tax sits in Band A, keeping running costs low. Fast broadband and nearby amenities — schools, buses and healthcare — make the location convenient for tenants or first-time buyers.
Important to note: the flat is leasehold with circa 75 years remaining. This short lease length can restrict mortgage availability and may deter some lenders or buyers; lease extension costs should be factored into any purchase. The building is solid-brick with assumed no cavity insulation, so buyers should consider insulation and energy-efficiency improvements over time.
Overall, this well-presented flat suits investors seeking immediate rental return or buyers wanting an affordable starter home close to local services. The presentation is tidy and largely move-in ready, but the lease length and some potential retrofit costs are material considerations before purchase.
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