Summary - 83 Tavistock Road, Nether Edge S7 1GG
3 bed 3 bath Block of Apartments
Income-producing, low-maintenance block in popular Nether Edge location.
Three purpose-built two-bed apartments sold as one freehold lot
Combined annual rent £25,500; gross yield c.7.28% at asking price
All units attractively presented with double glazing and gas heating
Each apartment has an allocated off-street parking space
Two flats share a communal entrance; one flat has private access
All tenancies are periodic — rental income but limited security
Compact combined internal area (c.465 sq ft) — small unit sizes
Likely active management required for tenant turnover and maintenance
A compact freehold portfolio of three purpose-built two-bedroom apartments, offered as a single lot in desirable Nether Edge. The block produces a combined annual rental income of £25,500, reflecting a headline yield of approximately 7.28% at the asking price. Each flat is attractively presented and benefits from double glazing, mains gas heating and an allocated off-street parking space.
The layout comprises two flats accessed from a communal entrance and one with a private entrance, each arranged around an open-plan living area and modern bathroom. The development dates from the early 2000s and shows as well-maintained, reducing immediate capital expenditure for a new owner. The freehold tenure and straightforward mid-terrace form make this a practical addition to a buy-to-let portfolio.
Buyers should note that all apartments are currently let on periodic tenancies, which provides rental income but offers limited tenancy security and may require re-letting or re-negotiation. The combined internal area is modest (c.465 sq ft total), so investor expectations should reflect compact unit sizes and the associated rental market. Ongoing management and tenant servicing will be required to maintain income and standards.
Positioned close to Abbeydale Road and local amenities, the block suits investors targeting professionals and long-term local demand. Strong nearby schools and fast broadband support tenant attraction. This is a ready-made, income-producing opportunity with scope for hands-on management or third-party letting oversight.
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