Ready-made buy-to-let with steady income and private garden.
Tenant in situ producing £675pcm (8.5% yield)
This ground-floor, one-bedroom maisonette is offered with a tenant in situ, producing £675pcm and an indicative yield of 8.5% — a straightforward income-generating purchase for a buy-to-let investor. Set within a semi-detached interwar building, the property measures around 301 sq ft and benefits from an open-plan living/dining space and a fitted kitchen, giving a modern, efficient feel despite the compact footprint.
Practical advantages include a private low-maintenance garden, a very long 999-year lease with share of freehold, and no service charge or ground rent. The flat is on the ground level which aids access and tenant convenience, and broadband and mobile signal are strong in the area. There is no flooding risk recorded for the location.
Buyers should be aware the property is small and better suited to single occupancy or couples rather than families. The surrounding area scores as very deprived with higher-than-average crime levels; this may affect future capital growth and tenant profile. The property is sold with the current tenancy in place, so vacant possession is not available on completion unless agreed separately.
Overall, this is a compact, low-upkeep investment with an established income stream and long lease security. It will particularly suit investors seeking immediate rental return and minimal on-site management, though purchasers should factor local area considerations into their valuation and holding strategy.
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