Long-term tenant in place with steady rental income and private driveway parking.
Long-term tenant in situ, producing £7,680 gross per year
A straightforward two-bedroom semi-detached house in a quiet cul-de-sac of Wainfleet, offered with a long-term tenant in situ. The property provides private off-street parking, small front and rear gardens and a conventional two-storey layout — practical for buy-to-let portfolios or local developers.
The property currently produces a reported annual gross income of £7,680 against a guide price of £115,000. For investors this means an immediate income stream and minimal void risk while the tenancy continues; the tenant has occupied the home for several years and intends to remain. A Let Property Pack is available for further financial detail.
The house is described as well-kept but shows signs of everyday wear internally (some wall damage noted) and sits on a relatively small plot. The location is semi-rural/small-town with average broadband and mobile signal and falls within a generally deprived local area — factors that affect tenant demand and long-term capital growth.
Important transaction notes: the sale includes a Buyers Premium to secure purchase, and the property is freehold. This is best suited to a serious investor or developer seeking a let property with immediate income and scope for modest cosmetic improvement to enhance returns.
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