PO33 2EN - 1 bedroom flat for sale in George Street, Ryde, Isle of Wig…

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1 bedroom flat for sale in George Street, Ryde, Isle of Wight, PO33

Summary - 44 FLAT 6 GEORGE STREET RYDE PO33 2EN

1 bed 1 bath Flat

**Standout Features:**
- One-bedroom top-floor flat in a charming Victorian building.
- Prime location in the heart of Ryde, close to beaches and amenities.
- Good investment opportunity with a tenant currently in place.
- Ground rent is zero; service charge is £1,000 annually.
- Council tax band A.

**Concerns:**
- Leasehold has 67 years remaining, which may complicate mortgage options.
- High crime rate in the area.
- Slow broadband speeds and no insulation are notable downsides.

This attractive one-bedroom flat is nestled on the top floor of a charming Victorian building in the vibrant center of Ryde. Just a stone's throw from lovely beaches, desirable restaurants, and various shops, this property promises not only convenience but an opportunity for leisurely coastal living. The flat features a cozy entrance hall, a single bedroom, a bathroom, and a well-designed lounge with an open plan kitchen, ideal for modern living.

With a tenant currently in place, this flat represents a solid investment opportunity for first-time buyers or seasoned investors looking to expand their portfolio. However, be mindful that the flat is leasehold with only 67 years remaining, which could hinder financing options from mortgage lenders. While the high crime rate and slow broadband could be potential drawbacks, the flat offers a unique charm and immense potential in a desirable location. This is a rare find not to be missed—act quickly to seize your chance at this coastal retreat!

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