Summary - 10 Samuel Court, 10-12 Athelstan Road CT9 2BA
1 bed 1 bath Flat
Income-ready one-bedroom apartment close to the beach, ideal for seasoned investors.
- One-bedroom second-floor flat, approximately 474 sq ft
- Located ~200m from Cliftonville seafront and local shops
- Tenant in situ — income-producing now (investor sale only)
- Long lease: 101 years remaining; ground rent £50 per year
- Victorian solid-brick building; likely no wall insulation
- High local crime and very deprived area — let/growth risk
- Auction sale: complete in 56 days; 4.5% reservation fee (min £6,600)
- Flooding risk: none; council tax: very cheap
A compact one-bedroom flat on the second floor of a Victorian building, located within 200m of Cliftonville seafront. The apartment offers a good-sized principal bedroom with an en-suite bathroom, a main reception room and a sizeable kitchen, all within an average 474 sq ft layout. Mains gas central heating and high ceilings give comfortable, traditional living space.
This is being sold with a tenant in situ and is marketed at auction, making it a straightforward purchase route for investors seeking an income-producing seaside asset. The long lease (101 years) and low ground rent (£50) are positives for long-term security. Flood risk is nil and council tax is very cheap, supporting running-cost control.
Be clear about the trade-offs: the building is a pre-1900 solid-brick Victorian property with assumed no wall insulation, so retrofit works may be required to improve energy efficiency. The surrounding area scores high for crime and is classified as very deprived, which will affect letting yields and long-term capital growth prospects.
Auction terms are material: completion is required within 56 days, a non-refundable Reservation Fee of 4.5% (minimum £6,600) is payable on exchange, and a Buyer Information Pack costs £349. The property is therefore best suited to experienced buy-to-let investors comfortable with auction procedures and possible refurbishment budgets.
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