Compact renovation project near university and stations, chain free.
First-floor Victorian flat with tall ceilings and large sash/bay windows
A compact one-bedroom first-floor flat in a Victorian terrace, offered chain-free with a 999-year lease. The building retains period features such as tall ceilings and large bay/sash windows that deliver good natural light. Its location puts the city centre, university campus and both St Davids and Central stations within easy reach, ideal for commuting or student rental demand.
The flat is in need of full modernisation: the kitchen dates from the 1970s and rooms are small, so expect renovation costs to bring the property up to contemporary standards. Heating is by mains gas boiler and radiators; walls are likely uninsulated cavity brick, so upgrading insulation and windows could improve comfort and running costs.
For investors, a local lettings estimate suggests circa £900 pcm post-refurb, indicating strong rental potential and an attractive gross yield at the asking price. For first-time buyers, the low council tax, long lease and chain-free sale make this a straightforward purchase, but budget and time for works are essential.
Material considerations: the neighbourhood records very high crime levels, which may affect lettings and resale; the flat is small (approx. 368 sqft) and has no garden. Ground rent is modest at £100 per year. Internal viewing is recommended to assess scope and costs of renovation.