Income-producing flat with parking and clear rent uplift potential.
Long-term tenant in situ with consistent rent payments
A ready-made buy-to-let in Brookhey, Hyde, this two-bedroom flat is offered with a long-term tenant in place and immediate rental income. The property is well maintained, extends to about 667 sq ft, and includes an off-street parking space — practical features that reduce short-term void risk and management hassle for an investor.
Financially the asset already performs: it produces a gross income of £10,200 per year (an immediate gross yield of c. 8.2% at the £125,000 asking price). There is documented scope to increase the rent to a market level of £11,280, which would lift the gross yield to c. 9.0%.
Buyers should note material sale terms and local context: the property is leasehold, a Buyers Premium will apply to secure the purchase, and the wider area is classified as very deprived, which can affect long-term capital growth. There is no flood risk and local crime levels are very low, but some nearby schools report mixed Ofsted outcomes.
This opportunity will suit serious investors or developers seeking an income-producing lot that requires minimal immediate work. Full tenancy details and financial projections are available in the Let Property Pack for purchasers to review prior to offer.
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