Flat in Zone 2, London:
- 2 bedrooms, 2 bathrooms
- Approximately 70 square meters
- Long lease with allocated garage parking
- Excellent condition, fully renovated.
- Purchased nearly 10 years ago for £525,000; offer accepted for £480,000
- Service charges of £4,500, including lift and a reserve fund
- Well-managed building with service charges reduced from last year
- Located near a major park, transport hub, and the river
- Neighbours have positive feedback about the building
- Flat was on the market for some time and reduced by nearly £100,000
We love the area, and the flat feels like home. We plan to keep it for at least 10 years. Am I blindsided by the offer? Should we proceed?
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Edit: just wanted to add, I’ll be renting the en-suite for about £1200-1500 and will also rent out the parking space for £150-200. Hoping this will alleviate the cost of the mortgage and service charges.