Summary - Flat 43 Projection West, Merchants Place RG1 1ET
2 bed 2 bath Apartment
Ready-to-move-in city living with a private balcony and easy commuting.
Two bedrooms and two bathrooms for flexible living or sharers
Private balcony off open-plan living area with good natural light
Town-centre location — short walk to mainline station and amenities
No onward chain; 131 years remaining on the lease
Service charge £3,777.54 pa; ground rent £250 pa
Electric room heaters only — potential for higher running costs
Approx 718 sq ft — average-sized apartment layout
Located in an inner-city student neighbourhood; crime rate very high
This bright two-bedroom, two-bath upper-level apartment in Merchants Place offers convenient town-centre living within easy walking distance of the mainline station, shops, restaurants and the River Thames. The open-plan kitchen/living area opens onto a private balcony, providing natural light and a useful extra outdoor space for city living.
Finished to a contemporary standard with fitted blinds and curtains, the home includes two bathrooms and a practical layout across about 718 sq ft. The long lease (131 years remaining) and no onward chain make it straightforward to purchase, especially for first-time buyers seeking a ready-to-move-in option close to transport links.
Buyers should note the annual service charge is £3,777.54 and ground rent is £250 per year. Heating is by electric room heaters rather than a central system, which can affect running costs. The property sits in an inner-city, multicultural student neighbourhood with a very high local crime score; prospective purchasers should consider neighbourhood safety and speak to local sources for up-to-date information.
Overall this apartment suits someone prioritising location, convenience and low entry friction. It also offers potential for rental income given proximity to the station and local amenities, but factor in service charges, electric heating and local area characteristics when assessing long-term suitability.
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