**Standout Features:**
- 2 Bedrooms, well-lit and functional
- First-floor position in a red-brick apartment complex
- No onward chain for a swift purchase
- Extended lease upon completion (currently 65 years remaining)
- Allocated off-street parking and a secure intercom entry system
- Estimated rental potential of £1100/month
**Concerns:**
- Leasehold with only 65 years remaining may limit mortgage options
- Service charge of £1710 per annum and ground rent of £303
- High crime rate in the area
This charming two-bedroom first-floor apartment offers an excellent opportunity for both first-time buyers and investors looking to capitalize on rental potential. Situated in an urban area close to local shops and just a short walk from the mainline train station to London Waterloo, the property boasts convenience without compromising on comfort.
Inside, you'll find a bright, spacious lounge/diner that forms the heart of this cozy home, complemented by a compact fitted kitchen ideal for efficient living. With an extended lease on completion, this residence presents numerous possibilities for personalization and future utility. However, potential buyers should be mindful of the current lease length, as mortgage lenders may be cautious due to the 65 years remaining.
The apartment benefits from off-street parking, making city living more convenient. While the property is in good condition, the surrounding area’s high crime rate may be a consideration for some when evaluating its suitability. Perfect for young families, students, or those seeking an investment opportunity, don’t miss out on this delightful apartment. Due to its attractive price and potential, it won't be on the market for long!