Large two-bed ground flat with private garden and tenant in situ — short lease, investment potential.
Large ground-floor two-bedroom flat offering more space than typical units
Currently let at £100 per week — immediate rental income
Two reception rooms; flexible living or dining space
Private rear garden with patio and lawn and rear vehicle access
Leasehold with c.58 years remaining — mortgage risk for buyers
EPC rating E; solid brick walls likely without insulation
Located in a very deprived area with higher local crime levels
Period property will need updating and general maintenance
A rare, generously proportioned ground-floor flat offering considerably more space than a typical two-bedroom apartment. Two large double bedrooms sit to the front, with two sizeable reception rooms adaptable as lounge and dining areas — practical layout for tenants or small families.
The property is currently let at £100 per week, making it an immediate income opportunity for an investor. Practical features include a fitted kitchen with utility area, bathroom with shower over bath, private rear garden with patio and lawn, and double wooden gates providing rear vehicle access via Willingham Street.
Notable drawbacks are material and location-related: the lease has c.58 years remaining which may limit mortgage options, the energy performance is rated E, and the solid-brick walls likely lack insulation. The property sits in a very deprived area with higher crime levels, and the building shows period features that will require updating and general maintenance.
This is best suited to a cash buyer or investor prepared to manage a short lease and undertake refurbishment. For someone able to address insulation, cosmetic work and lease extension, the flat offers rare space, straightforward rental income and practical rear access — a pragmatic project with clear upside for the right buyer.
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