Stable rental income with private parking and long-term tenant.
Two bedrooms, one bathroom, 657 sq ft average-sized flat
A practical buy-to-let opportunity in Hucknall, this two-bedroom flat is presented with a long-term tenant in situ and established rental income. The property occupies an average-sized 657 sq ft layout in a modern brick apartment block and benefits from off-street private parking — a useful amenity for lettings in the area.
The property currently produces an annual gross income of £8,700 and is offered leasehold. The existing tenancy has been stable for several years and the tenants intend to remain, making the sale attractive to hands-off investors seeking immediate income. There is no garden and the flat is accessed within a multi-unit building, so outdoor space is limited.
Buyers should note material details: the tenure is leasehold and a Buyers Premium will apply to secure the purchase. The local area is classified as deprived with above-average crime statistics, which will affect tenant demand and management considerations. Broadband and mobile signal are strong and local transport links, including a nearby railway station and bus services, support rental appeal.
Overall, this is a straightforward income-producing asset for investors or developers seeking a lettable flat with existing cashflow and parking. It suits buyers who prioritise immediate returns over owner-occupier features like private garden space and who are comfortable managing a property in a higher-deprivation area.