Summary - Flat 2, 8, Institute Road ME4 4PF
1 bed 1 bath Flat
**Standout Features:**
- First-floor converted flat in a charming Victorian terraced house.
- Generously sized lounge, perfect for relaxation or entertaining.
- Short walk to the town center and railway station, ideally located for commuters.
- Priced at an attractive £128,000, making it a great opportunity for first-time buyers or investors.
- Communal garden space enhances outdoor living options.
- Excellent potential for buy-to-let investors seeking to expand their portfolio.
**Summary:**
This charming first-floor flat in a Victorian terrace offers a comfortable living space that's ideal for first-time buyers or investors seeking a lucrative rental opportunity. The generous lounge, measuring 13'0 x 12'0, welcomes natural light, creating a cozy environment to unwind or entertain. The compact kitchen is functional, with modern appliances and ample storage, while the bedroom, at 12'1 x 9'9, is designed for comfort with neutral decor.
Located in an urban cultural mix neighborhood, the flat is just a stroll away from the town center and within walking distance from the railway station—perfect for commuting. Despite being in a very deprived area with high crime rates, attractive school options and community amenities abound, including local shops, cafes, and healthcare facilities.
However, it's important to note that this property is leasehold with an annual ground rent of £250, and it may require some updates to meet modern standards, as insulation is assumed to be insufficient. With fast broadband speeds and good mobile coverage, this flat presents both comfortable living and future potential for value appreciation. Don't miss the chance to secure this versatile property that truly represents a gateway to city living at an affordable price!
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