Income-producing 2-bed flat with tenant in situ and shared parking — ideal for investors..
Long-term tenant in situ with stable rent payments
Produces £9,540 gross annual income (approx 8.3% gross yield)
Two bedrooms, ensuite plus separate three-piece bathroom
657 sq ft — described as average-sized flat
Shared private parking and communal front/back gardens
Leasehold tenure; Buyers Premium payable on purchase
Located in M29 area with higher deprivation — affects growth prospects
No flood risk; very low local crime rate
This two-bedroom, two-bathroom flat in Beckford Court is offered as a buy-to-let opportunity with a long-term tenant in situ. At 657 sq ft, the home provides a practical layout with an open-plan living room and fitted kitchen, communal front and rear gardens, and shared private parking — functional features that appeal to rental demand.
Financially the property is already income-producing, generating £9,540 gross per year from the current tenancy, which equates to roughly an 8.3% gross yield at the listed price. Rental continuity is a clear plus: the existing tenants have a stable payment record and intend to remain, supporting immediate cashflow for a portfolio buyer.
Important considerations: the property is leasehold and a Buyers Premium applies to secure purchase, which will affect acquisition costs. The wider M29 area shows higher levels of deprivation, which can influence capital growth prospects and tenant profiles. Internal photos are limited and the flat is described as average-sized, so purchasers should allow for potential minor works or updates after inspection.
Overall this is a straightforward, low-maintenance investment for buyers seeking immediate rental income and a unit that fits easily into a broader portfolio. For detailed investment figures and tenancy documentation, refer to the Let Property Pack before proceeding.