Ready-made buy-to-let with tenant in place — cash investors only..
One-bedroom leasehold flat, 517 sq ft
Currently tenanted with long-term occupants (will remain)
Gross income £5,400; market rent estimated £7,644
Cash offers only; Buyer’s Premium applies to secure sale
Good condition inside; minimal immediate repairs expected
Very deprived area — steady rental demand, limited capital growth
Excellent mobile signal and fast broadband; very low local crime
Close to amenities, schools and public transport
This one-bedroom leasehold flat in Garden Vale, Leigh, offers an immediate buy-to-let income stream with a long-term tenant in situ. The property is presented in good condition, sits within a modern brick-built complex, and benefits from fast broadband, excellent mobile signal and very low local crime — practical strengths for landlords.
Currently producing a gross annual income of £5,400, the rent could be increased to an estimated market level of £7,644, improving yield for a buyer able to review tenancy terms. The 517 sq ft layout includes a lounge, bedroom, kitchen and bathroom—compact but functional for rental demand in the area.
Important transactional and location facts: the sale is cash offer only and subject to a Buyer’s Premium to secure the purchase. The property is leasehold and in a very deprived wider area classification, which may affect long-term capital growth but supports steady rental demand. Tenants are established and do not intend to vacate, so the purchase will be as a let investment unless arrangements change.
This listing suits a hands-on investor or developer seeking an entry-price rental unit with upside from rent reversion. It is straightforward in condition, with no flooding risk and good local amenities and transport links nearby.