Affordable entry with strong rental yield, ideal for hands-on investors.
- Top-floor two-bedroom flat with traditional five-room layout
- Offered with tenants at a 10.8% yield or sold vacant
- Spacious kitchen-diner with basic appliances included
- Double glazed windows; wet electric heating system
- EPC rating D; likely benefit from energy upgrades
- 1960s Brutalist block; exterior needs maintenance/renovation
- Very deprived local area; impacts long-term capital growth
- Tenure unknown — confirm before purchase
This two-bedroom top-floor flat in a 1960s concrete block offers a clear choice for investors or buyers willing to refresh a dated home. It’s being sold with long-term tenants producing a 10.8% yield, or can be offered as vacant possession. The layout is traditional and practical: hallway, roomy kitchen-diner, two double bedrooms and a three-piece bathroom with shower over bath.
Practical features include double glazing and wet electric heating; broadband is fast and mobile signal is excellent. The property has an EPC rating of D and council tax is very cheap, which will help running costs. The flat is unfurnished and ready for cosmetic upgrades such as new flooring or modern fittings to increase rental or resale value.
The building and exterior are dated 1960s Brutalist concrete and will need external maintenance or improvement at some stage. The immediate area is classed as very deprived and described as hard-pressed flat dwellers, which affects local amenity quality and capital-growth prospects. Tenure details are unknown and should be checked before purchase.
For an investor this is a straightforward income opportunity with an established yield in place. For a buyer looking to live there, the flat is a practical, affordable entry point that will benefit from updating and careful consideration of the neighbourhood factors.
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