Two-bedroom first-floor flat with private entrance
A compact two-bedroom first-floor flat in central Glastonbury, offered with a long lease and a tenant in situ — ideal for buy-to-let investors seeking immediate income. The property has its own private entrance, double-glazed windows and recent heating additions including a new gas convector fire and efficient Rointe electric radiators, helping to keep running costs low. Council tax band B and an EPC rating of C add to its rental appeal.
At about 410 sq ft the accommodation is small but well laid out: a bright living room, functional kitchen with views towards the Quantock Hills, two bedrooms, family bathroom and a handy utility room. The lease is being extended to 999 years, there is no ground rent and no regular service charge (responsive repairs only), which simplifies ownership and improves long-term resaleability.
The flat does require some modernisation in places — interiors are basic and the communal exterior and garden areas show mid-20th-century wear. There is no private or communal garden, and parking is on-street (though usually unrestricted nearby). Crime in the area is above average; purchasers should consider this for tenant sourcing and insurance.
Financially the asset produces an advertised rent of £860pcm (approx. £10,320pa) giving a gross yield of around 6.45% at the asking price. With a tenant in place, there are no void or reletting costs at completion. This is a straightforward purchase for investors wanting immediate rental return and low holding costs, while offering modest scope for value uplift through cosmetic improvements.
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