Institute Road, Swanage 2 bed apartment for sale

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Institute Road, Swanage 2 bed apartment for sale

Institute Road, Swanage BH19
£163,000

Our Summary

  • *available to cash buyers only
  • It could benefit from some updating internally but viewing comes highly recommended
  • *The property is available to cash buyers due to the lease having approximately 45 years remaining therefore not currently being mortgageable
  • Some Updating Required

Description

This two-bedroom second-floor apartment, located in Swanage town center, is a fantastic opportunity for a cash buyer. The property boasts a private roof terrace with artificial grass and an Easterly aspect, perfect for sunny days. The interior features a welcoming reception room with a wood-burning stove, a kitchen with base-level units and a dining area, and two generous bedrooms. The apartment benefits from electric storage heating and is situated on the top floor of the building. However, the lease has approximately 45 years remaining, making it unsuitable for mortgage financing, and the roof structure requires repairs. Despite this, the property is priced attractively, making it an excellent investment opportunity or holiday home for a cash buyer.