Summary - 27 BRIDGE COURT GRAYS RM17 6BW
1 bed 1 bath Flat
Ready-let investment with strong gross yield and tenant in place.
- One bedroom flat, open-plan living and kitchen
A compact 1-bedroom flat in Bridge Court, offered with a sitting tenant and immediate rental income. The property generates a reported gross income of £11,700 per year against a guide price of £125,000, producing a strong headline gross yield for buy-to-let investors. The layout is open-plan with practical laminate flooring and standard ceiling heights, suitable for ongoing rental use or light refurbishment to increase rent.
There are important factors to note: the lease has approximately 62 years remaining, which may restrict mortgage finance options and reduce re-sale appeal without a lease extension. The living room description mentions potential damp and a dated light fixture, so some cosmetic updating and targeted repairs could be required. A Buyers Premium applies to secure the purchase.
This flat sits in a modern brick-built development in an urban area with fast broadband and excellent mobile signal, close to local shops, transport links and several well-rated schools. For investors seeking an income-producing asset with immediate returns, this provides clear cashflow potential; developers or portfolio buyers may also value the block-level consistency and rental demand in the area.
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