Immediate rental income from an established tenant in a low-maintenance modern block.
Long-term tenant in situ, stable rental income
A compact two-bedroom flat in Elmroyd Court offered with a long-term tenant in situ, producing an annual gross income of £7,500. The property sits in a modern brick apartment block in Penistone with shared off-street parking and straightforward communal maintenance—features that typically suit buy-to-let portfolios.
Priced at £100,000, the current gross yield is approximately 7.5% before costs. The apartment’s size (about 560 sq ft) and purpose-built construction suggest low external maintenance and steady rental demand from local professionals and commuters. The tenant has remained in place for several years and indicates no intention to vacate, so income continuity is a likely short- to medium-term outcome.
Material points to check: the sale is leasehold, internal condition and fixtures are not verified from the supplied material, and a Buyers Premium will apply on sale. Communal space and on-site parking are limited; there is minimal private outdoor amenity, which may cap capital growth compared with houses.
This listing suits investors seeking immediate income and low-management flats. Before purchase, obtain the Let Property Pack, full tenancy paperwork, the lease details, service/maintenance history, and a floorplan or internal inspection to confirm condition and any future expenditure obligations.
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