Ready-income one-bedroom flat with tenant in situ and private parking.
1 bed ground-floor flat, approx 506 sq ft
A straightforward buy-to-let opportunity in Loughborough, this one-bedroom ground-floor flat sits in a purpose-built brick block with communal courtyard and private off-street parking. The property is currently let to long-term tenants who wish to remain, producing a gross annual income of £7,140 (current rent). At the asking price of £96,000 this equates to an approximate gross yield of about 7.4%, making it attractive to investors seeking immediate income.
The flat is an average-sized one-bedroom unit (circa 506 sq ft) with lounge, kitchen and three-piece bathroom. Externally the block appears well maintained and low‑maintenance, with patio doors providing direct access to the communal lawned courtyard. Leasehold tenure with approximately 91 years remaining — a reasonable remaining term for investment but something to monitor if considering long-term holding or mortgage availability.
Important considerations: the property is in a very deprived area with a higher local crime rate, which will influence tenant demand and potential voids. The flat is sold with tenants in situ who do not plan to vacate, so any purchaser should review the Let Property Pack, tenancy documentation and the buyer’s premium that applies to this sale process. Internal condition is not detailed in the marketing images, so an on-site inspection is recommended to confirm refurbishment or maintenance needs.
For investors seeking a rental that delivers immediate income with modest management needs, this unit offers clear, near-term returns. For those requiring a quick vacant possession, be aware the current tenancy is long-standing and continual occupation is expected.
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