Investor-ready flat with tenant in place and immediate rental income.
Two double bedrooms; master bedroom with en-suite
A ready-made buy-to-let in The Rock, sold with tenant in situ and current rent £950pcm, this two-bedroom seventh-floor apartment suits hands-off investors. The property has a long lease (237 years), EPC B, balcony overlooking the central plaza and CCTV entry — all compliance certificates are in place for immediate rental income.
Internally the open-plan living/dining/kitchen is bright with full-height windows, integrated appliances and recently renewed balcony flooring. The master bedroom has an en-suite; a second double and a separate fully tiled bathroom complete the accommodation. Total floor area is about 703 sq ft, with modern finishes and double glazing throughout.
Running costs and location notes: service charge is £534.79 per quarter (approx. £2,139.16 annually) and heating is electric (room heaters), which can raise utility costs compared with gas-heated flats. The building sits in a busy urban retail and leisure hub within a very deprived local area classification — this supports rental demand but may concern some buyers.
Practical positives for investors include professional management in place, a gross yield of about 6.71%, and clear compliance documentation. If you plan refurbishment to increase rent or resale value, the flat’s contemporary specification and long lease offer scope; factor in service charges and electric heating when modelling returns.
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