Central location near station with clear rental potential.
Top-floor one-bedroom apartment with allocated off-street parking
A compact one-bedroom apartment in the centre of Sawbridgeworth, convenient for the mainline station, shops and local amenities. The top-floor position offers privacy and an allocated off-street parking space. Service charge and ground rent are payable annually, and the vendor is arranging a lease extension.
This property will suit an investor or buyer seeking a low-maintenance central pad with rental potential — a projected rent of about £950pcm has been suggested. The building dates from the early 1990s and the apartment offers a simple lounge, kitchen, bathroom and a double bedroom in a modest footprint.
Important considerations: there are only 59 years remaining on the lease at present — many mortgage lenders refuse to lend on shorter leases, so buyers should verify finance options and lease details with their solicitor. The EPC rating is E and there is currently no main heating system fitted (electric heaters assumed), so some updating may be needed.
Overall this is a straightforward, small apartment with clear investment potential if the lease extension progresses and basic improvements are completed. Buyers should factor in the service charge, ground rent and any necessary refurbishment or heating upgrades when assessing value.
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