Pros and Cons of buying a council flat?
I am considering buying a very nice 2 bed flat. It is on the 4th floor of a 14 floor council block. Most flats there are still council tenants. It seems very cheap for its size and 2 beds. As part of the sale process the lease will be extended to just over 100 years. What are the downsides that I should know about? Does anyone have any advice or experience regarding a similar property?
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