This two-bedroom flat, positioned on the first floor of a former local authority building, offers ample living space with potential for modernization. While it currently requires updates to align with contemporary standards, the solid foundations and generous layout present an excellent opportunity for both first-time buyers and savvy investors looking to capitalize on the growing rental market in Saxmundham. The property features double glazing, a communal parking area, and is being sold with no onward chain, adding to its appeal as a renovation project.
Enter through the communal entrance where stairs lead up to the flat. The entrance hall includes loft access and built-in storage, leading into a kitchen equipped with essential fittings but needing modern appliances and aesthetics. The living room provides adequate space for comfortable living, while both bedrooms are spacious enough to accommodate double beds. The bathroom requires upgrading but has a functional setup with necessary fittings.
Outside, there’s a small garden area useful for practical purposes such as drying clothes, complemented by a brick-built storage shed for added convenience.
Located in the attractive market town of Saxmundham, this flat is near various amenities including shops, cafes, and restaurants. With easy access to public transport links and proximity to picturesque coastal areas like Aldeburgh and Southwold, this property not only presents an investment opportunity but also a pleasant lifestyle choice. With a leasehold of 125 years starting from September 1989, low ground rent and service charges further enhance its value proposition.
