Woolford Close

Offered to the market with vacant possession and no onward chain, this spacious and versatile flat presents an excellent opportunity for both residential buyers and buy-to-let investors, with the flexibility to be utilised as either a three-bedroom HMO investment or a generous two-bedroom residential apartment with a substantial separate lounge.

Previously let as a three-bedroom HMO achieving £1,650 PCM, the property has a proven rental history and offers scope to increase rental income to approximately £1,800 PCM through light cosmetic improvements, subject to market conditions. With the previous tenants having now vacated, prospective purchasers have the flexibility to refurbish, occupy or re-let the property immediately upon completion.

The accommodation extends to approximately 784 sq ft (72.8 sq m) and offers a practical, well-balanced layout. Currently arranged to provide three generous double bedrooms, the property could equally be configured as a spacious two-bedroom home, with the largest room serving as an impressive separate living and dining area.

A separate fitted kitchen and central hallway provide convenient access to all rooms, making the layout equally suited to shared accommodation or conventional residential living.

The property also benefits from a bathroom with shower over bath, alongside a separate WC, offering additional practicality for both families and sharers.

Presented in good, serviceable condition throughout, the flat provides an excellent opportunity for a purchaser to modernise and personalise the accommodation, potentially enhancing both its rental appeal and long-term capital value.

Further benefits include a long lease expiring in March 2113, a low ground rent of just £10 per annum and a service charge of £1,117.40 per annum, providing relatively manageable ongoing costs.

For investors, the property offers an established rental history, attractive potential yields and the opportunity to re-let without an existing tenancy restricting future plans.

For residential purchasers, the generous room proportions, flexible layout and vacant possession provide an appealing opportunity to create a spacious two-bedroom home, particularly attractive to first-time buyers, professionals or those seeking additional living space.

Overall, this is a versatile and well-proportioned property offering genuine appeal to both the investment and residential markets, with the added advantage of vacant possession and scope for future improvement.