Affordable entry-level flat ideal for first-time buyers or budget investors.
Top-floor two-bedroom flat with separate kitchen and reception room
Offered with no onward chain — sale by online auction
Leasehold: 99 years from 01/01/1988; ground rent £282 pa
Signs of past water ingress/damp in one bedroom; needs inspection/repair
EPC C, gas central heating, double glazing, fibre broadband available
On-street parking only; small communal fenced garden
High local crime and very deprived area could affect demand
Buyer pays auction fee (£2,400 including VAT); mining search advised
Top-floor two-bedroom flat in Throckley offered for sale by online auction. The apartment sits in a small purpose-built block with a pleasant treed outlook and small communal garden. Accommodation includes a generous reception room, separate kitchen, two bedrooms and a bathroom; double glazing and gas central heating are already installed.
This is a straightforward purchase for first-time buyers wanting an affordable entry or investors seeking a low-price buy-to-let. The property is offered with no onward chain and benefits from an EPC rating of C, mains gas heating, and fast broadband connectivity. Council tax is modest (Band A) and mobile signal is excellent.
Notable drawbacks are factual and should be checked before bidding: the flat is leasehold (99 years from 1 Jan 1988) with ground rent £282 pa, will be sold at auction with associated fees, and a mining search is recommended for the area. Photographs and the survey note indicate signs of previous water ingress/damp in one bedroom that requires inspection and repair. On-street parking only and the neighbourhood records higher local crime and significant area deprivation, which may affect resale or rental demand.
In short, this compact top-floor apartment offers immediate occupancy potential and scope for light-to-moderate cosmetic improvement. Buyers should allow for repair works, confirm lease and service details with a solicitor, and factor auction costs into their budget.
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