This charming Victorian apartment presents an excellent opportunity for those seeking a renovation project with significant investment potential. Ideally located near Hill Road and Clevedon's scenic seafront, the property benefits from easy access to local amenities and coastal attractions, making it a desirable spot for both residents and future tenants.
Situated on the hall floor, the apartment is accessible through a quaint communal hallway that features original tiling and stained glass elements, showcasing the building's historic character. Upon entering, you’re welcomed by a spacious hallway leading to all main rooms. The large windows and lofty ceilings throughout contribute to a bright and airy ambiance, ideal for creating a modern living space.
While the interior requires some updating, this allows new owners to reimagine the space according to their vision. The sitting/dining room is particularly noteworthy, featuring dual aspects and an elegant fireplace that can serve as a focal point for any design scheme. The separate kitchen offers a serene view of the communal garden, providing an opportunity for culinary enthusiasts to create their dream kitchen in a peaceful setting. The apartment includes two well-proportioned bedrooms and a conveniently located shower room, along with built-in cupboards in the hallway for additional storage.
The communal grounds of Penarth House enhance outdoor living opportunities, with beautifully maintained gardens surrounding the property. These areas are primarily laid to lawn with established plantings and paved pathways that invite leisurely walks or relaxation outdoors. Residents also benefit from allocated parking facilities.
In terms of utilities, the property is equipped with mains electricity, water, and drainage services alongside ultrafast broadband access—an attractive feature for potential renters or homeowners alike.
The lease is set for 999 years from completion of purchase with minimal ground rent costs (peppercorn) and a manageable service charge structure in place. Notably, pet ownership is permitted with consent; however, letting of the apartment is not allowed under current lease terms.
Overall, this property not only offers immediate renovation potential but also stands as an appealing investment in an attractive location—perfect for those looking to add value through thoughtful enhancements.
