Spacious two-bed city apartment with gated parking — auction sale, ideal for investors..
- Large living/dining room with Juliet balcony
- Two double bedrooms, main with en-suite
- Allocated gated off-street parking included
- EPC B; PAS9980: no external remediation required
- Lease approx. 125 years remaining; chain-free
- Service charge ~£2,489pa; ground rent payable
- Sold at auction — reservation fee and 40-day exchange
- Electric storage heating; slow broadband; very high crime
A well-proportioned two-bedroom, two-bathroom apartment on the first floor of a modern city-centre development. The property offers a large living/dining room with a Juliet balcony, a separate fitted kitchen and allocated gated parking — useful for tenant appeal or owner convenience. EPC B and a PAS9980 external wall assessment showing no remediation required reduce immediate compliance concerns.
This flat is offered via the Modern Method of Auction with a guide price of £144,000 and a non-refundable reservation fee payable by the buyer; successful bidders have 40 working days to exchange. The property is chain-free and comes with approximately 125 years remaining on the lease, making it straightforward to acquire for experienced auction purchasers or investors seeking central stock near Broad Street, Mailbox and transport links.
Be clear on running costs and local context: the service charge is around £2,489pa with a small ground rent, heating is by electric storage radiators, broadband speeds are reported slow, and the local area is classified as a cosmopolitan, multicultural student neighbourhood with very high crime statistics. These factors affect tenant mix, management requirements and resale positioning.
Overall, the apartment suits a buy-to-let investor targeting city-centre tenants (students or young professionals) or a purchaser prioritising location and low-maintenance living, provided you account for auction fees, service charges and local area considerations.