Looking for a centrally located flat with a long lease and no onward chain? This first-floor property offers a spacious layout, a modern boiler, and a straightforward management structure with shared building costs.
This first-floor flat is part of a well-maintained building of three individual properties, jointly managed by the owners.
A small vestibule leads to a staircase, opening onto a generous landing with access to the loft. The living room is a good size, allowing for flexible furniture arrangements and space for a dining table. The kitchen, though compact, is well-equipped with wall and base units, an integrated oven and hob and room for a fridge freezer.
At the rear of the property, the double bedroom overlooks the back of the building, offering a quieter setting. The bathroom is larger than expected, featuring a separate shower and a built-in storage cupboard with plumbing for a washing machine. A new boiler was installed in 2022, adding to the property’s practicality.
The leasehold runs for 999 years from July 2003 (with 979 years remaining). The three flat owners collectively form the management company, handling maintenance and buildings insurance, with recent insurance costs split three ways at approximately £120 per flat. Any necessary repairs are also divided equally.
Offered with no onward chain, this property is well-suited to first-time buyers, investors, or those looking to downsize.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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