Chain-free investment with parking and communal gardens.
Compact studio layout, approximately 323 sq ft
A compact, chain-free studio apartment in central Willerby, offered with invites between £40,000–£50,000. At about 323 sq ft the apartment is open-plan and efficiently laid out, with off-street parking and pleasant communal gardens — features that help lettings appeal and everyday convenience.
This property suits investors or buyers seeking low-entry ownership in a very affluent area with very low crime and fast broadband. The flat has double glazing, an EPC rating of C and 115 years remaining on the lease, supporting mortgageability and medium-term security for owners.
Bring practical expectations: heating is by electric room heaters rather than a central system, so running costs can be higher than gas-heated homes. The service charge (£867pa) and annual ground rent (£400) are material ownership costs to factor into yield calculations. The accommodation is small and best suited to single occupation or short-term renting rather than a long-term family home.
Overall this is a straightforward, low-maintenance investment with good local amenities, easy transport links, and nearby schools. It will appeal to buyers seeking a simple, income-producing purchase or an affordable first step on the ladder, provided they accept modest living space and the indicated service and running costs.
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