Freehold buy-to-let with steady income and refurbishment potential.
Gross annual rent £6,000 from long-term tenant
A two-bedroom freehold flat on Boydstone Road presented mainly as an investment opportunity. The property extends to about 732 sq ft and currently produces a gross annual rental income of £6,000 from a long-term sitting tenant. Practical features include shared front and rear garden space, on-street parking and good digital connectivity (excellent mobile signal, fast broadband).
This is a straightforward purchase for a buy-to-let investor or developer seeking immediate income. The tenant has occupied the property for several years and intends to remain, so income continuity is likely but viewings and refurbishment work would need tenant cooperation. The building dates suggest period character (bay window, pebble-dash facade) which can be a letting advantage after cosmetic updates.
Buyers should note material considerations: the property sits in a very deprived area which can affect capital growth and lettability to some tenant types; street parking only; and a Buyers Premium will apply on sale. Flooding risk is low, and the flat’s average size makes it suitable for typical rental demand in the area.
Overall this is a pragmatic, income-producing addition to a portfolio for investors seeking yield and short-term cashflow, with potential upside from modest refurbishment and active management. Serious investors and developers are likely to be the most appropriate purchasers given the tenancy and local market context.
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