Small, low-cost buy-to-let with tenant in situ and low annual charges..
Sold with tenant in situ — immediate rental income
A compact one-bedroom first-floor flat in central Barrow, offered with a tenant in situ — an immediate rental income opportunity for a buy-to-let investor. The layout includes a reception room, kitchen, bedroom with fitted wardrobe, bathroom and a useful store room. A balcony walkway gives outside access and a small rear strip is available for drying or storage.
Practical details are straightforward: leasehold with 93 years remaining, an annual service charge of approximately £300 (including building insurance) and council tax Band A, keeping running costs low. The building has double glazing, mains gas central heating and a filled cavity wall construction typical of mid-20th-century stock.
Location is central with shops, amenities and transport links close by; broadband is fast and mobile signal is excellent. Be aware the property sits in an area assessed as very deprived with higher local crime levels — factors to weigh for tenant demand and management costs. The flat is small (approx. 361 sq ft) and will suit a single occupant or couple; cosmetic updating may increase rental value and longer-term capital growth.
This is a pragmatic, entry-level investment acquisition: low operating costs and immediate rental cover, balanced against local area challenges and the limited remaining lease term.
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