Chain-free one-bedroom with long lease and scope to add a second bedroom.
Chain-free one-bedroom with 184 years left on lease
A newly refurbished ground-floor one-bedroom in Macmillan House, offered chain free with a long lease (circa 184 years). The apartment has been rewired (2020) and benefits from a relatively new Vaillant combi boiler with warranty until December 2029, so major services are recently updated. Double-glazed doors open to a private outlook over communal gardens, giving a bright, airy feel and direct access to Gladstone Park nearby.
Practical details that add value: an extended lease making this a secure long-term purchase or buy-to-let, potential rental income of about £1,600–£1,700pcm, and a licence to alter enabling conversion to a two-bedroom layout (subject to approvals). Resident gated parking is available on a first-come, first-served basis, easing local parking pressures but not guaranteeing a dedicated space.
Be aware of a few material points: the block was constructed in the late 1960s/early 1970s and is system-built, with assumed minimal wall insulation — consider potential heating costs or upgrade works. Service charges are £1,142.02 (2023) and ground rent is nominal (£10pa). This flat suits first-time buyers or investors who want a move-in-ready home with straightforward improvement or conversion potential.
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