Turnkey rental income in central Leven for portfolio investors.
- Freehold three-bedroom flat in town-centre Victorian conversion
- Annual gross income £7,061; tenant in situ for eight years
- Approximate gross yield c. 8.2% at asking price
- On-street parking and communal rear garden provided
- Property is small overall (≈797 sq ft) with six rooms
- Kitchen is dated and requires updating; limited storage
- Area classed as very deprived — tenant demand/letting risk
- Buyerovers a Buyer's Premium; check Let Property Pack
A three-bedroom flat in a converted Victorian block on Kirkside Court, offered with a long-term tenant in situ. The property is freehold, modest in size (approximately 797 sq ft) and benefits from on-street parking, a communal rear garden and central town location close to local amenities. Annual gross rental currently £7,061, which equates to an approximate gross yield of about 8.2% at the asking price of £86,500 — attractive for buy-to-let portfolios.
Internally the building retains period character externally, but the accommodation shows dated fittings: the galley kitchen has old cabinets, dark floor tiles and limited storage and will need updating. There is a single three-piece bathroom and approximately six rooms overall; confirm exact internal layout and room sizes before purchase. Broadband speeds are average while mobile signal is excellent for the area.
This listing is geared squarely at investors and developers. The current tenants have occupied the flat for eight years and intend to remain, providing immediate income but limiting vacant-possession opportunities. Buyers should review the Let Property Pack, tenancy terms and any transaction Buyer's Premium before proceeding.
Key considerations: verify communal maintenance responsibilities, check for any conservation restrictions on the converted Victorian block, and inspect internal condition to budget refurbishment costs. The property sits in a very deprived local area, which affects demand and management considerations for landlords.
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