Immediate income with refurbishment upside in DD3.
Long-term tenant in situ, currently producing £4,800 gross annually
A straightforward buy-to-let in DD3 presenting an established income stream and simple upkeep. The one-bedroom flat is offered freehold with a long-term tenant in situ, producing a current gross income of £4,800 per year. That income against the £60,000 asking price equates to a c.8% gross yield, making it immediately income-producing for a buyer.
The property has practical features for lettings: street parking, shared rear garden access, excellent mobile signal and fast broadband. The flat sits within a mid-20th-century terrace and appears externally serviceable, suiting investors who prioritise location and rental continuity over turnkey presentation.
Buyers should note the property is dated and would benefit from internal modernisation to raise rents or capital value. A Buyers Premium applies on sale, and the listing recommends reviewing the Let Property Pack and conducting normal buy-to-let due diligence (floorplans, tenancy paperwork, EPC, and a full internal inspection) before purchase.
This is best suited to investors seeking an immediate income stream with potential upside from refurbishment or portfolio consolidation. It is not being marketed as a lifestyle purchase and is recommended for buyers comfortable with managing tenanted stock in a higher-deprivation area.
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