Vacant second-floor flat for cash buyers or investors willing to manage lease issues.
Two-bedroom purpose-built second-floor apartment
Vacant possession — sold at auction via online bidding
45 years remaining on lease — lenders likely to refuse mortgages
Lease extension estimate £47,250 — seek legal advice
Electric room heaters (untested) — expect higher running costs
Double glazing; fitted carpets; average 743 sq ft internal size
Private garage plus parking available
Area has high crime and significant deprivation
A practical two-bedroom second-floor apartment in DA8, offered vacant and ready for a cash buyer or investor prepared for auction purchase. The layout includes a lounge/diner, modern-style kitchen, white bathroom suite and two good-sized bedrooms within an average-sized 743 sq ft footprint.
Built in the early 1990s, the block benefits from double glazing and fitted carpets; heating is by electric room heaters (untested) so expect running costs typical of electric systems. A private garage and additional parking add practical value for owners or tenants. Local amenities are close by with bus and rail links, primary and secondary schools rated Good nearby, and parkland within walking distance.
Important cautions: the lease has only 45 years remaining and mortgage lenders are likely to refuse standard lending. A quoted lease extension estimate is £47,250; buyers should obtain independent legal and lease-advice before bidding. The property will be sold at auction via secure online bidding and is in a neighbourhood with higher crime and marked area deprivation, which may affect resale and rental demand.
This is best suited to cash purchasers, experienced buy-to-let investors able to manage lease-extension or refurbishment, or a buyer seeking a lower-entry priced flat who understands the lease, funding and running-cost implications. Broadband speeds are reported slow; mobile signal is excellent. Council Tax Band C applies.
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