Summary - Flat 1 Iris Court, Snowdrop Rise TN38 0GN
2 bed 1 bath Apartment
Ready-made buy-to-let with strong gross yield and allocated parking.
Two double bedrooms, main with en-suite
A compact, ground-floor two-bedroom apartment offering straightforward buy-to-let appeal in St Leonards. The main bedroom includes an en-suite, and the neutral décor and well-proportioned living space make the flat easy to let or reconfigure. At 614 sq ft, the accommodation is economical to run and sits within a modern building constructed in the early 2000s.
This property carries a strong rental case — a reported 7.6% gross yield and allocated off-street parking increase tenant demand. The leasehold title has c.981 years remaining and the building benefits from double glazing and gas central heating, reducing immediate capital expenditure for upkeep.
Be candid about local and ownership considerations: the area records above-average crime levels and the property is leasehold with a small ground rent of £150. The overall size is modest, so it suits single professionals, couples or investors targeting reliable rental income rather than large-family occupation. Broadband, mobile signal and nearby amenities are good, with a mix of local schools close by.
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