Ready-made rental in Bingley with parking and long lease.
- Sold with tenants in situ for immediate rental income
- No onward chain; quick completion possible
- Two bedrooms, master with en-suite, open-plan living/kitchen
- Allocated off-street parking included
- 135 years remaining on lease (leasehold)
- Service charge c.£430 per quarter; ground rent £361.94 pa
- Electric room heating — likely higher energy costs
- Area: above-average crime and higher deprivation levels
This ground-floor, two-bedroom apartment is offered with tenants in situ, making it a ready-made buy-to-let opportunity with no forward chain. The open-plan living/kitchen, ensuite to the master and allocated off-street parking help attract long-term renters and keep communal upkeep low.
Practical facts suit investor decision-making: the lease has 135 years remaining, service charge approximately £430 per quarter, and ground rent £361.94 per year. The property is double glazed and constructed in the mid-2000s, so major fabric works are unlikely in the short term.
Consider running costs and location factors. Heating is electric room heaters, which can mean higher energy bills versus gas central heating. The area has above-average crime statistics and is described as relatively deprived, which can affect tenant profiles and rental demand, though transport links, fast broadband and nearby schools support lettability.
Other notable points: there is no significant flood risk, mobile signal is excellent, and the property sits close to shops, station and the A650. The apartment is best suited to investors seeking an immediately income-producing, low-maintenance asset, with awareness of possible energy and location-related management considerations.
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