Long lease, allocated parking and an en-suite — ideal for investors or first-time buyers..
Top-floor two-bedroom apartment with en-suite to principal bedroom
Long lease remaining — 978 years from 2005
Allocated off-street parking for one car
Compact size — approximately 533 sq ft
Currently let at £775pcm (periodic tenancy) — investor income
Service charge and ground rent £850pa — confirm with solicitor
Area shows higher crime and local deprivation — consider location risks
EPC C and Council Tax band B — energy and costs reasonable
This top-floor two-bedroom apartment in Kingsthorpe Hollow offers a long lease and low entry costs, making it suitable for investors or first-time buyers seeking a straightforward purchase. The flat includes an open-plan kitchen/living area with a Juliet balcony, a principal bedroom with en-suite, a second bedroom, and a separate bathroom. Allocated off-street parking, gas central heating and double glazing are practical day-to-day benefits.
Important practical points are upfront: the property is small at about 533 sq ft and sits in an area with higher crime and greater deprivation than average. It is currently let on an assured shorthold tenancy (£775pcm) on periodic terms, so vacant possession would need arranging if you require immediate owner occupation. Service charge and ground rent total £850pa; these are affordable but should be checked with legal advisers.
The apartment carries an EPC C and Council Tax band B, and the lease (original 999 years from 2005) leaves 978 years remaining, removing long-lease concerns. Broadband speeds are average while mobile signal is excellent. Overall, this is a practical, low-maintenance urban home or a modest-yield rental asset for buyers prepared to accept a compact living space and some local-area challenges.
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