Immediate income: one-bed apartment with tenant and 8.6% yield in central Rotherham..
- Tenant in situ producing an 8.6% annual yield
- Town-centre location, close to transport and amenities
- Long lease: 142 years remaining
- Modern build with double glazing, low immediate refurb needs
- Heating via electric room heaters only, no gas central heating
- Ground rent £624 per year (relatively expensive)
- Area classified very deprived with very high crime levels
- Broadband average, mobile signal excellent
A ready-made investment in Rotherham town centre, this one-bedroom first-floor apartment is offered with a tenant in situ and currently yields 8.6% from existing rent. The open-plan living area opens onto a full-length balcony, and the double bedroom also benefits from balcony access, giving both rooms natural light and outdoor space.
Practical details suit a buy-to-let portfolio: long lease (142 years remaining) and modern construction (post-2007) with double glazing. Compact contemporary kitchen and bathroom reduce immediate maintenance needs, while the building’s modern facade supports ongoing rental appeal in a town-centre location close to shops, transport and amenities.
Important considerations are stated plainly. Heating is by electric room heaters only (no central heating), and the property is leasehold with an annual ground rent of £624. The surrounding ward is classified as very deprived with very high recorded crime, which may affect tenant profiles, insurance costs and long-term capital growth.
This is best for investors seeking immediate income rather than an owner-occupier looking for long-term neighbourhood stability. Early viewings recommended to verify rental documents and running costs, and to assess suitability against your portfolio criteria.
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