Ready-made rental asset with consistent income and city convenience.
Long-term tenant in situ, stable rental income £17,400 pa
This two-bedroom flat in Maritime House offers a ready-made buy-to-let with a long-term tenant and steady income. The property sits within a handsome Victorian building close to transport links, shops and student-led amenities, making it appealing to investors targeting steady rental demand.
The flat is well maintained and laid out in a traditional style with a medium-sized living room, two bedrooms and a three-piece bathroom. It currently produces an annual gross income of £17,400, presenting an immediate yield opportunity against the asking price.
Buyers should note the tenancy is ongoing and the tenant intends to remain, which secures income but limits vacant possession options. A buyer’s premium will apply to secure the purchase; factor this into acquisition costs. The building’s historic nature adds character but can mean specialist maintenance and repair costs over time.
Overall this is a straightforward income-producing lot for investors or developers seeking a tenant-in-situ acquisition in a central, student- and commuter-focused area. Detailed investment figures and tenancy documentation are available in the Let Property Pack for serious enquiries.
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