Summary - 112 KENILWORTH COURT WASHINGTON NE37 3EQ
1 bed 1 bath Flat
Affordable investment with sitting tenant and immediate rental income potential.
One-bedroom upper-floor flat, 521 sq ft
A low-entry, one-bedroom upper-floor flat offered chain-free in Kenilworth Court, Washington. The apartment is average-sized (521 sq ft) and currently let to a long-term tenant who wishes to remain, making this a straightforward rental investment or a buy-to-let purchase with immediate income.
The layout is traditional: private entrance hall, bathroom/WC, double bedroom, spacious lounge, kitchen and two balconies. Practical features include double glazing (installation date unknown), mains gas central heating with boiler and radiators, EPC rating C and a very low Council Tax Band A. Broadband speeds are fast and mobile signal is excellent.
Material points to note: the building dates from the late 1960s/early 1970s and the flat needs some modernisation throughout—presented neutrally but not recently refurbished. There are higher local crime levels and the surrounding area shows significant deprivation, which will affect both rental demand and future resale values. The property is leasehold with 84 years remaining; annual service charge is £1,287.84 (£107.32 monthly) and ground rent is £10 a year.
This will suit an investor looking for an affordable, let property with immediate income and modest refurbishment potential. It may also appeal to a cash buyer prepared to manage a leasehold investment in a challenging local market.
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