assistant Here is a summary of the property description in a single paragraph: This charming studio apartment is located in the heart of Chapel Allerton and is a fantastic investment opportunity or first-time buyer property. The ground-floor flat features an open-plan lounge/bedroom area, a modern kitchen with integrated appliances, and a fully tiled bathroom with a shower over bath. The property is within walking distance to the local amenities and achieves a rental income of £595 per calendar month. The apartment is leasehold with a term of 250 years, and the current service charge is approximately £1282 per annum, with a ground rent of £250 per annum. With its high-quality conversion and convenient location, this property is a great opportunity for cash buyers looking for a solid investment or first-time buyer seeking a comfortable and affordable home.