Long-term tenant in place with reliable rental income and off-street parking.
Long-term tenants in situ; immediate rental income of £9,588 pa
A practical two-bedroom apartment in Harris Grange, offered as a leasehold buy-to-let with long-standing tenants already in situ. The flat comprises two bedrooms, a three-piece bathroom plus an ensuite, lounge with balcony access and a separate kitchen. Annual gross rental income is currently £9,588, providing immediate cashflow for a landlord.
The building is a modern, low-rise brick block with shared rear garden and private off-street parking. The communal areas and exterior appear well maintained. Connectivity is strong — excellent mobile signal and fast broadband — and local transport links and amenities are close by, making the property straightforward to let to working tenants.
Important practical points: the property is in a broadly deprived area and sold leasehold; a buyer’s premium applies to secure the sale. The sitting tenants intend to remain, which limits vacant possession options but secures rental income immediately. Prospective purchasers should review the Let Property Pack for full tenancy terms, service charges, lease length and any management arrangements.
This home suits investors seeking an income-producing asset with minimal initial refurbishment required. Families or first-time buyers seeking immediate personal occupation should note the tenancy and leasehold status before progressing.