Income-producing two-bed flat with shared parking and long-term tenant — strong gross yield potential.
- Two bedrooms plus ensuite and separate three-piece bathroom
- Compact apartment, approximately 592 sq ft (small overall size)
- Shared private parking and communal front/back gardens
- Long-term tenant in situ producing £10,800pa income
- Approximate gross yield ~9.4% at asking price £115,000
- Leasehold tenure — check lease length, ground rent, and charges
- Area shows higher deprivation; verify local demand and risks
- Buyers Premium applies; see Let Property Pack for details
This two-bedroom leasehold apartment in Beckford Court is presented primarily as a buy-to-let opportunity. The flat is compact (approximately 592 sq ft) within a modern red-brick, low-rise block, with communal front and rear gardens and shared off-street parking — features that support steady tenant demand.
The property currently produces a gross annual income of £10,800, implying an approximate gross yield of 9.4% at the asking price of £115,000. It comes with a long-term tenant in situ who has consistently paid rent and does not intend to leave, making the sale straightforward for investors seeking immediate income.
Important considerations: this is a leasehold unit in an area with higher relative deprivation; buyers should verify the length of the lease, ground rent, service charges, and any reserve funds for communal maintenance. A Buyers Premium applies on sale, and the sales pack should be checked for full tenancy terms and any restrictions.
Overall, the flat suits investors after near-term rental income and low-external-maintenance accommodation. Developers or portfolio buyers may also consider the unit as part of a block-level strategy, but perform standard due diligence on lease terms, communal costs, and tenant arrangements before proceeding.