Affordable income-producing 1-bed flat with tenant in place — ideal for investors.
Long‑term tenant in situ producing £6,600 gross annual income
This one-bedroom, first-floor flat in Park View, Stoneyburn, is offered freehold with a long-term tenant in place — an immediate income-producing purchase for investors. The property sits within a mid‑century purpose-built block and benefits from shared off‑street parking and a rear communal garden. It currently produces an annual gross rental income of £6,600 and will appeal to buyers seeking an established let.
The flat is compact (c.301 sq ft) with a lounge, fitted kitchen and three-piece bathroom. Accommodation is straightforward and practical, suited to budget rental demand rather than luxury lettings. Broadband and mobile signals are described as average; the building and interior reflect mid‑century, modest finishes rather than recent high‑end refurbishment.
Buyers should note the location sits in an area classified as very deprived and the surroundings are a mixed residential and commercial neighbourhood. These factors influence tenant profiles and future capital growth prospects. A Buyer’s Premium applies to the sale — this additional cost should be factored into purchase total and yield calculations.
Overall, this flat represents a clear buy‑to‑let opportunity for investors seeking an affordable, income‑producing unit with immediate returns. It is best suited to portfolio buyers or developers comfortable operating in lower‑value locations and prepared for straightforward management or light refurbishment to optimise rental value.