Cash-friendly £65k opportunity close to major transport and city amenities.
Fourth-floor one-bedroom apartment with lift and intercom access
Set on the fourth floor of a refurbished city-centre block, this one-bedroom apartment offers a compact, light-filled living space with a modern fitted kitchen and integrated appliances. A wall of windows and open-plan layout make the interior feel larger than its footprint, while lift access and secure intercom entry suit hands-off urban living.
Sold with a tenant in situ, the property is well placed for buy-to-let investors or a central pied-à-terre. Paragon Interchange and St Stephen’s are a short walk away, providing excellent public transport links and immediate access to shops, cafes and city amenities.
Practical considerations are straightforward: the 247-year lease (effectively long leasehold) and reasonable service charge structure support long-term ownership, but heating is via electric storage heaters and the EPC is rated E. Broadband speeds in the area are reported very slow, so streaming or heavy home-working will need a workaround.
Buyers should also note the local context: the neighbourhood shows high crime statistics and overall area deprivation is significant. Service charge and ground rent apply (service charge approximately £1,025.72 annually; ground rent £300 per year), and the apartment is offered with a sitting tenant, so vacant possession cannot be guaranteed at completion.
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