This two-bedroom first-floor flat presents a compelling opportunity for investors and developers looking to enhance their asset portfolio. Offered through auction, the property includes a private garage and boasts potential for significant value addition through refurbishment. The layout consists of a welcoming entrance hall, a spacious living room, a fitted kitchen, two bedrooms, and a bathroom. In addition to its internal space, residents benefit from communal lawned gardens and the convenience of parking or storage via the separate garage.
While the interiors require cosmetic updates to bring them into line with modern standards, this flat is well-positioned to increase both its market value and rental yield post-renovation. Prospective buyers are encouraged to consider the possibilities for enhancing this property’s appeal.
Key details include:
- First-floor location with two bedrooms
- Inclusion of a garage for added practicality
- Leasehold status with approximately 40 years remaining
- EPC Rating: C (70) with potential for improvement
- Ideal for cash buyers or those seeking a renovation project with growth prospects
Given the short lease term, interested parties should seek legal advice regarding lease extension options prior to bidding. Early viewings are recommended as this property holds great promise for savvy investors.
