Compact starter home with long lease and scope to modernise.
Chain-free two-bedroom maisonette with private garden
This two-bedroom maisonette offers a rare chain-free buy in Petts Wood with its own private entrance and garden. At about 482 sq ft it suits first-time buyers or investors seeking a compact home near excellent transport and local amenities. The long lease (911 years) and no ground rent or service charge make the tenure unusually straightforward for a leasehold purchase.
The property sits in a very low-crime, affluent area with fast broadband and strong local schools close by. The building dates from the 1950s–1960s and has double glazing (install date unknown), mains gas boiler and radiators, and cavity walls assumed uninsulated — presenting clear scope to improve energy performance and reduce running costs.
Accommodation is traditional and modest in scale: living room, kitchen, bathroom and two bedrooms. Rooms require modernisation and redecoration throughout, so buyers should budget for updating finishes and possibly heating/electrical checks. There is a medium flooding risk in the area — worth investigating with insurers and the local authority before committing.
Overall this is a pragmatic purchase: low-running tenancy terms and a private garden give everyday appeal, while the need for refurbishment creates an opportunity to add value. Early viewing is recommended for those wanting a manageable project or a well-located starter home in Petts Wood.