Two-bedroom rental with long-term tenants and parking, ready for immediate income.
Current gross rent £9,720 pa; market potential approx. £11,400 pa
A straightforward buy-to-let suited to investors seeking immediate income. The two-bedroom leasehold flat in Britannia Wharf is let to long-standing tenants generating a current gross income of £9,720 per year, with potential to rise to about £11,400 at market rents. The tenant intends to remain, offering rental continuity from day one and reducing void risk.
The apartment occupies 678 sq ft and forms part of a modern multi-storey development with off-street parking and secure communal entry. The property layout includes a spacious lounge, two bedrooms, a kitchen and bathroom — a practical rental unit that requires routine maintenance rather than major refurbishment. Broadband speeds are fast and mobile signal is excellent, helping its appeal to working tenants.
Material considerations are clear: the property is leasehold, situated in an area classed as deprived with above-average crime levels, and a buyer’s premium will apply on purchase. These factors influence yield expectations and management costs and are important for underwriting and insurance. The flat is offered with a Let Property Pack detailing tenancy and income figures for serious investors and developers.
Overall, this is a pragmatic addition to a rental portfolio: secure income immediately, modest uplift potential at re-let, and straightforward landlord management. It suits investors prioritising yield and low-refurbishment, long-term tenancy stability over owner-occupier finishes.
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