Income-producing two-bedroom flat with reliable tenants and rent growth potential.
- Long-term tenant in situ with consistent rental payments
- Current gross income £5,880 pa; market rent potential ~£8,400 pa
- Two bedrooms, spacious lounge, modern kitchen, one bathroom
- Freehold flat, approx. 681 sq ft, average overall size
- Mid-20th century block; communal maintenance likely required
- Located in a very deprived area — higher letting risk
- Excellent mobile signal and fast broadband connectivity
- Buyers Premium applies on sale — factor into purchase costs
A straightforward buy-to-let in East Kilbride, offered with a long-term tenant in place and clear upside for a hands-on investor. The flat has two bedrooms, a spacious lounge and a modern kitchen; it is sold freehold and already producing rental income, making immediate returns possible.
Current gross rent is £5,880 per year, with evidence the market rent could reach about £8,400. The sitting tenants have lived at the property for several years and intend to stay, giving predictable cashflow but limiting immediate vacant-possession opportunities.
The building dates from the mid-20th century and sits in a very deprived, challenged-transition area. The block and communal areas show mid-century concrete construction and will need routine maintenance; investors should allow for building upkeep and possible refurbishment to reach higher market rent.
Important practical notes: the property is average sized (approx. 681 sq ft), has one bathroom, excellent mobile signal and fast broadband, and a Buyers Premium applies to the sale. These factors suit investors or developers seeking an income-producing flat with short-term management requirements and medium-term rental growth potential.
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