Immediate rental income with tenants in place, ideal for yield-focused landlords.
Investment sale with tenants in situ, rent £600 pcm
Asking price £45,000 — approximate gross yield ~16%
Two double bedrooms, separate kitchen, lounge (approx 743 sq ft)
Freehold flat within a high-rise tower block
Double glazing and electric heating installed
No private garden; minimal communal grounds
Located in a very deprived area — potential growth/void risk
Sale restricted to investment landlords only
Presented to investors only, this two-bedroom flat in Sadlers Wells Court is offered with tenants in situ at £600 pcm, providing an immediate income stream. At an asking price of £45,000 the tenancy produces a gross yield of about 16% — attractive for buy-to-let portfolios seeking high income returns. The apartment has a generous lounge, separate kitchen and two double bedrooms across roughly 743 sq ft, typical of mid-century high-rise layouts.
Set within a tall residential tower, the block provides communal entry and limited grounds rather than private outdoor space. The flat benefits from double glazing, electric heating and secure entry, plus excellent mobile signal and fast broadband — practical for modern tenants. External render shows average weathering consistent with the building type; communal amenity space is minimal.
Important considerations for buyers: the property sits in an area with high deprivation, which can affect long-term capital growth and tenant turnover. The sale is restricted to investors only, with tenants remaining in situ — purchasers must accept the current lease and occupation. Council tax band is unknown and the apartment has no private garden.
This is a straightforward income property for a landlord prioritising yield over capital uplift. It suits portfolios seeking high-running income and immediate tenancy, but purchasers should allow for routine maintenance and the typical constraints of high-rise living.
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