Summary - Apartment 132 Valley Mill, Park Road HX5 9GY
2 bed 1 bath Apartment
Characterful two-bed apartment with long lease and allocated parking, ideal for investors.
Two double bedrooms with built-in wardrobes
Apartment 132 is a two-double-bedroom first-floor apartment in the converted Valley Mill, offering straightforward buy-to-let or starter-home potential. The layout includes a living room with French doors to a balcony, a compact fitted kitchen with integrated appliances, and built-in wardrobes to both bedrooms. Allocated off-street parking and a long lease (977 years) add clear practical value.
The building’s stone mill character and high ceilings in parts give the property visual appeal, while recent finishes are neutral and tenant-friendly. Service charge and ground rent are modest, and council tax is low, helping running costs remain competitive for landlords or a small household.
There are important factors to note: heating is by electric room heaters rather than a central system, which may be less efficient and increase running costs. The property sits in a very deprived area with high local crime statistics — both relevant for rental demand and insurance. The apartment’s footprint is modest at about 625 sq ft, so living space is best suited to couples or two sharers.
Overall, this is a practical, characterful apartment with a long lease and low ongoing charges that will appeal to investors seeking a manageable income property or professionals wanting a budget-friendly base. Buyers should factor in heating limitations and local area considerations when assessing potential yield or resale prospects.
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