Ready-made rental with room to lift income and stable long-term tenancy.
Two-bedroom leasehold flat currently tenanted, immediate rental income potential
A practical buy-to-let positioned in E6, this two-bedroom leasehold flat offers immediate rental income with long-term tenants in place. The current gross income is £21,600 with achievable market rent estimated at £22,200, supporting a straightforward yield for an investor seeking cashflow from day one.
The interior is well-kept: a modern fitted kitchen, a bright lounge and two compact bedrooms suit rental demand from working families and sharers. The building is a modern brick block with standard ceiling heights and good mobile signal; average broadband speeds serve typical tenant needs.
Significant considerations are factual and material: the property sits in a very deprived area with very high local crime levels, and the sale is leasehold with around 90 years remaining. A Buyers Premium will apply on purchase. These factors affect financing, insurance costs and some investor exit strategies.
For a buyer focused on yield and portfolio growth, this is a low-management, income-producing opportunity close to local amenities and schools. Buyers should review the Let Property Pack, confirm tenancy terms, and check lender and legal requirements tied to the lease and local area risks.
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