Sold with tenant in situ — investor buyers only
A compact two-bedroom first-floor apartment offered as a clear investment purchase with a tenant in situ. The open-plan kitchen/living space and two double bedrooms make for straightforward rental appeal in a town location with nearby schools and public transport.
Key ownership details are investor-relevant: 107 years remaining on the lease, an annual service charge of £1,150 and ground rent of £332.72. The property is sold with the existing tenancy and there is a public notice / repossession flag on the sale — buyers must accept the property is being offered in its current occupied state.
Practical considerations: off-street parking and a communal lawn add convenience, but the building sits on a coalfield boundary and the flat is small (approximately 579 sq ft). Mobile coverage is described as limited. These are material points for managing future maintenance or mortgage and insurance arrangements.
This is a budget-priced, hands-off let suited to investors seeking an immediate rental income stream rather than an owner-occupier project. Early inspection is recommended for investors who are prepared to buy with a tenant in place and factor in service charges, ground rent and ongoing maintenance liabilities.
