Short-lease cash investment near shops and transport links.
Short lease — cash buyers only (expect lease extension costs)
Requires full renovation throughout; cosmetic and systems work needed
Approx 387 sq ft; compact two-bedroom ground-floor flat
Communal gardens; pleasant communal outdoor space, no private parking indicated
Mains gas heating, boiler and radiators; double glazing present
Very low ground rent (£5) but leasehold tenure applies
Built 1950–66; cavity walls likely uninsulated — possible retrofit costs
Council tax cheap; crime level very low
This two-bedroom ground-floor flat in Bilton offers a low-entry investment at £80,000, with potential for refurbishment-led value uplift. The apartment sits within a mid-20th-century block around well-kept communal gardens and benefits from good local transport links, nearby shopping, and a short walk to schools and services.
The property is offered as a short-lease, cash-buyers opportunity — buyers should plan for lease extension costs and legal/administration fees. The flat requires wholesale renovation throughout: cosmetic and systems works will be needed to modernise the kitchen, bathroom and living spaces and to address assumed lack of wall insulation.
Accommodation is compact (approximately 387 sq ft) with a largest living room, separate kitchen, two bedrooms and one bathroom. Practical positives include mains gas central heating via boiler and radiators, double glazing (installed post-2002) and a very low ground rent (£5). Communal gardens provide pleasant outdoor space but no private garden or allocated parking is indicated.
This is suitable for an investor seeking a buy-to-let with refurbishment upside or a cash purchaser prepared to tackle lease and renovation costs. The block’s low crime level, decent local schools and good transport links make the location practical and lettable, but buyers must factor in short-lease implications and immediate repair/upgrade work.
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