**Standout Features:**
- Two-bedroom, second-floor flat
- No chain; ready for investor buyers with a tenant in situ
- Allocated parking space
- Close to local amenities, schools, and recreational facilities
- EPC Rating: D
- Low Council Tax Band: A
- Average-sized living space (627 sq. ft.)
**Potential Downsides:**
- Lease with only 64 years remaining may pose challenges for mortgage lending
- Situated in a high crime area
- Some areas may need cosmetic updates
This inviting two-bedroom flat in Old Place, Sleaford, is an excellent opportunity for investors looking to expand their portfolio. With a tenant already in place, this property offers immediate rental income potential. Located within walking distance of local amenities, schools, and recreational facilities, it supports comfort and convenience for both tenants and future occupants.
The flat features a spacious lounge with ample natural light, a well-proportioned kitchen equipped for modern living, and two comfortable bedrooms, all with easy maintenance laminate flooring. A contemporary bathroom adds a touch of modernity to the space. The allocated parking space enhances its value, ensuring ease of access.
However, prospective buyers should note that the property is leasehold with only 64 years remaining on the lease, which could complicate financing options. While the property is generally in good condition, minor cosmetic updates may be desired as it displays some dated decor.
Overall, this flat is a promising investment hiding considerable potential in a community-oriented area. With amenities at your doorstep and the charm of a semi-rural location, it won't be available for long!
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