Move-in ready flat with balcony and strong rental potential near shops.
Lakeside views with balcony overlooking Watermead lake
Recently re-decorated and offered chain-free
Allocated off-street parking plus visitor spaces
Compact one-bedroom layout — approx. 470 sqft
Lease ~92 years remaining; sub-100-year lease to note
Annual service charge £1,076.92; ground rent £250 pa
Kitchen dated (1980s) — likely needs modernization
Potential gross rental yield ~7.16% at £1,000 pcm
Bright first-floor apartment overlooking Watermead lake, recently redecorated and chain-free — ready to move into or let immediately. The living room opens onto a balcony with pleasant lakeside views; the compact layout (approx. 470 sqft) works well for a single occupant or couple. Parking is available with an allocated off-street space and visitor bays.
Practical costs and tenure are clear: lease remaining ~92 years, service charge about £1,076.92 pa and ground rent £250 pa. The fitted kitchen dates from the 1980s and would benefit from modernization to fully maximize long-term value. Broadband speeds in the area are reported as slow.
Location is a major strength — Watermead’s shops, lakeside walks and local amenities are on the doorstep, with good road links to the A41/A413 and direct trains from Aylesbury to London Marylebone. For investors, the owner-advised rent figure of £1,000 pcm implies a potential gross yield around 7.16% at full guide price; for buyers, low council tax (Band B) and very low local crime add to the appeal.
This is a straightforward buy for a first-time buyer or an investor seeking a turn-key flat with immediate rental potential. Be mindful of the sub-100-year lease and service costs when assessing mortgage options and long-term plans.
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