Spacious city apartment with parking and ready rental appeal.
Corner balcony with city views and access from living room
Bright, larger-than-average two-bedroom apartment in Castlegate, offered via modern auction. Set on the 4th floor, the flat benefits from a corner balcony, an open-plan living/dining room and a designated underground parking space — strong practical advantages for city living or rental demand. Constructed in 2006 with double glazing and contemporary finishes, the accommodation includes two bathrooms (one en-suite) and a fitted kitchen, making it move-in ready for many buyers.
This is a leasehold property with c.108 years remaining and annual running costs to note: service charge approximately £3,997.58 and ground rent £300 per year. Heating is by electric room heaters rather than gas central heating, which may affect running costs. The building has an EWS-1 B1 rating and an EPC grade C.
The sale is through the Modern Method of Auction (closing 31 October 2025); buyers should factor in the non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600) and the Buyer Information Pack fee. Mortgage buyers are welcome but are advised to consult lenders before bidding and to review the auction paperwork carefully.
Situated in a cosmopolitan student and commuter neighbourhood with fast broadband and excellent mobile signal, the apartment suits first-time buyers wanting city convenience or investors targeting strong rental appeal. Prospective purchasers should inspect the property and paperwork to judge suitability, particularly given the service charges and leasehold arrangements.
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