This three-bedroom first-floor flat offers a solid canvas for those interested in renovation and investment opportunities. Although the property requires updating, its spacious layout and potential for customization make it an attractive option for first-time buyers or investors looking to create a larger living space, possibly with dedicated home office areas.
The main lounge provides ample room for relaxation and entertaining, while the kitchen features both wall and floor units along with an integrated oven and hob, setting up a functional cooking environment that could be enhanced with modern updates. The family bathroom is equipped with a three-piece suite, including a bath with a shower overhead, which offers convenience but also the chance to redesign to current tastes.
Double glazing throughout and gas central heating contribute to comfort, while the location benefits from close proximity to schools and various local amenities. Excellent transport links further enhance accessibility, making this flat appealing not just as a residence but also as a rental opportunity; projected rental income is approximately £700 per month once renovations are completed to a good standard.
It’s worth noting that the property is leasehold, with approximately 91 years remaining on the lease established in 1991. The annual ground rent stands at £10, which is manageable for potential investors. Additionally, there’s an upcoming expectation of timber fencing work within the block over the next five years, estimated at around £672.75 per unit, which could be factored into future financial planning.
While there are no warranties on the condition of services or appliances—having not been tested—this flat invites creative vision and investment potential. With careful updates and improvements, this property could transform into a desirable home or rental asset in this well-connected area.
