Newly refurbished one-bedroom investment flat with tenant and immediate rental income..
Sitting tenant in place paying £475 pcm on a shorthold tenancy
A compact, newly refurbished one-bedroom flat offered for sale as a buy-to-let with a sitting tenant. The property is on the first floor and benefits from recent decoration, new carpets and double glazing — ready for rental continuity without immediate works.
The flat includes a lounge, fitted kitchen, double bedroom with built-in cupboard and a three-piece bathroom. Heating is electric, and the property comes with a small front garden and off-street parking. Its location provides good bus links and basic local amenities, useful for tenant demand.
Important considerations for buyers: this is a leasehold flat sold with an existing short-hold tenant paying £475pcm, so purchase is income-producing but buyer access will be limited. The area ranks as deprived and local classification notes hampered neighbourhoods; crime is average. Electric heating and modest room sizes limit long-term yield unless energy upgrades are made.
This is best suited to investors seeking an affordable, low-entry rental asset with immediate income. For an owner-occupier, note the tenancy, leasehold status and compact living space before viewing.
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