Low-cost buy-to-let with tenant in place and immediate rental income.
Freehold one-bedroom flat, approx. 452 sq ft
A compact one-bedroom Victorian flat offered freehold on Broomlands Street, presented as a buy-to-let with a tenant in situ. The building retains period character including a bay window and high ceilings in the living room, giving scope to enhance rental appeal with modest refurbishment. Annual gross rent currently reported at £5,400 against a guide price of £32,000, making it an affordable addition for investors seeking income from day one.
The flat sits in a very deprived neighbourhood and the local classification indicates hard-pressed flat dwellers; factor local demand, management and letting considerations into acquisition decisions. On-street parking and a communal rear garden are practical assets, but the property is average-sized (approx. 452 sq ft) and images of internal condition are not provided. A Let Property Pack is available for full tenancy and financial details.
This opportunity suits investors or developers targeting income units or portfolio expansion who are comfortable operating in high-deprivation areas and managing tenanted properties. The current tenants wish to remain, providing immediate income but limiting vacant possession options. Buyers should review the tenancy paperwork, inspect for any repair or compliance requirements, and allow for refurbishment or management costs where necessary.
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