Compact, modern flat with great transport links and predictable ownership costs.
- One double bedroom, open-plan reception/kitchen with private balcony
- 379 sq ft; compact, efficient third-floor apartment
- Integrated white goods; contemporary fitted kitchen and bathroom
- 116 years remaining on lease (125-year term from 2016)
- Ground rent £250pa; service charge £714pa (below average)
- Close to Tesco and Stevenage station (approx. 3-minute walk)
- High local crime rate; area classified as very deprived
- Electric heating/main fuel may increase running costs
This compact third-floor apartment offers efficient urban living with immediate access to Stevenage town centre and the station — ideal for a first-time buyer or buy-to-let investor. The open-plan reception and kitchen open onto a private balcony, bringing light into a well-laid-out 379 sq ft footprint. Integrated white goods and contemporary finishes reduce immediate spend on appliances.
Practical running costs are clear: a low council tax band B, modest ground rent (£250pa) and a below-average service charge (£714pa) make ownership predictable. The lease has 116 years remaining, providing long-term security for mortgage lenders. The block has secure communal entrances, lift access and modern communal areas typical of recent purpose-built apartments.
Buyers should note the setting and local data frankly. The property sits in a constrained, very deprived neighbourhood with a high local crime rate, and immediate surroundings are urban with limited private outdoor space. Heating is electric via a boiler and radiators, and electricity is the main fuel, which may affect running costs compared with gas-heated homes.
Overall this is a small, practical one-bedroom apartment that suits someone needing excellent transport links and town-centre convenience. It works as an entry-level home for a single occupant or couple, or as a lettable asset for an investor who values location and low management overheads, while accepting urban area challenges.
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