Immediate income with long-term tenant in a low-entry purchase.
Freehold one-bedroom flat, approx 440 sq ft
A compact one-bedroom freehold flat in Leven offered with a long-term tenant in situ, presenting an immediate income stream. At a £50,000 purchase price and a current annual gross rent of £4,440, the property produces an approximate gross yield of 8.9%, making it attractive for buy-to-let investors and portfolio buyers.
The home occupies a traditional early 20th-century terrace and includes a lounge, kitchen, bathroom, small rear garden area and a driveway with off-street parking. The interior is described as well kept and modernised in parts; the overall size is modest (around 440 sq ft), suitable for single-occupier tenancy or couples.
Important considerations: the area is classified as very deprived and demand dynamics may be driven by local affordability rather than high-end growth. The flat is sold with a tenant who intends to remain, so purchasers should expect a continuation of the existing tenancy rather than immediate vacant possession. A buyers premium applies on sale; please consult the Let Property Pack for tenancy and full investment detail.
For investors seeking an income-producing, low-entry-cost addition to a portfolio, this property offers clear short-term cashflow. For buyers seeking owner-occupation or fast capital growth, the socio-economic profile of the area and tenant situation are material factors to weigh carefully.
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