Affordable ground-floor apartment ideal for first-time buyers or investors.
Chain-free ground-floor flat with off-street parking
Separate sleeping area created from former studio layout
Open-plan lounge and modern fitted kitchen, recently redecorated
Small overall size — approx 318 sq ft, compact living
Electric room heaters only; higher running costs possible
Cavity wall assumed uninsulated — insulation potential
950 years remaining on lease; low service charge £250pa
Estimated rent £700pcm — potential ~7.5% rental yield
A compact, chain-free ground-floor flat in St Ives offered as an affordable entry into the local market. At about 318 sq ft the apartment was formerly a studio and has been adapted to include a separate sleeping area, open-plan living with a modern kitchen and a shower room — all recently redecorated.
The property suits first-time buyers seeking a low-cost home or investors looking for a straightforward buy-to-let. It comes with off-street parking, a long lease (circa 950 years) and a modest annual service charge of £250. Estimated rental income of around £700 pcm would produce an approximate 7.5% yield at the asking price.
Practical points to note: heating is by electric room heaters and the building has cavity walls assumed without added insulation, which may affect running costs. The EPC is D and the flat is leasehold, though the remaining term is exceptionally long. Overall this is a small, well-presented property with clear potential for a simple rental or an affordable first home.
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