Affordable investment close to Ryde town and ferry services.
Chain free, tenant in situ, newly extended lease
A compact two-bedroom upper-floor apartment sold chain free and offered with a tenant in situ — a straightforward buy-to-let or entry-level purchase. The flat has a newly extended lease, gas central heating and double glazing, and sits within easy walking distance of Ryde town centre, seafront and ferry links, supporting year-round rental demand.
Accommodation is small but practical: living room with archway to a fitted kitchen, two modest bedrooms and a single bathroom. The interior is basic and partially dated; targeted cosmetic updating and new floorcoverings could improve rental yield and appeal with limited outlay.
Important facts for buyers: the property is leasehold, upper-floor (no garden), and located in an area with very high crime stats and high deprivation — factors that affect resale and lettings risk. It is offered chain free and currently has a tenant, so it suits an investor seeking immediate income or a buyer prepared for a low-maintenance central flat.
Viewings are recommended for buyers focused on yield or an affordable starter home who accept a compact footprint and are prepared to manage refurbishment and local area considerations.
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