TF9 1EJ - 1 bed market drayton investment in Smithfield Road, TF9 1EJ

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1 bedroom flat for sale in Smithfield Road, Market Drayton, Shropshire, TF9

Summary - 9 The Brampton, Smithfield Road, MARKET DRAYTON TF9 1EJ

1 bed 1 bath Flat

Ready-income one-bedroom flat with patio and parking for investors.
Tenant in situ with consistent payment history
Annual gross income £6,120; market potential ~£6,900
One bedroom, one bathroom, lounge with patio access
Off-street driveway parking; small outdoor area
Leasehold tenure — check remaining term and service charges
Located in very deprived area with high recorded crime
Buyers Premium applies on purchase — additional acquisition cost
No flood risk; mobile signal excellent, broadband average
A one-bedroom leasehold flat in Market Drayton offered with a long-term tenant in place — built-in rental income from day one. The ground-floor property includes a spacious lounge with French doors to a patio, a fitted kitchen, one bedroom and a three-piece bathroom. Off-street parking and a small outside area add practical appeal for tenants.

Current gross income is £6,120 per year with estimated scope to increase to around £6,900 to reflect market rent. The tenant has a history of consistent payments and intends to remain, providing immediate, low-management returns. Mobile signal is excellent and local primary schools have good Ofsted ratings, supporting steady rental demand.

Buyers should note important constraints: the property is leasehold, sits in a very deprived area with high recorded crime, and a Buyers Premium will apply on sale. Broadband speeds are average and the building is in a communal retirement classification, which may limit some occupier types. These factors affect yield assumptions and exit strategies, so bring full due diligence and investor planning.

This is a clear cashflow opportunity for a buy-to-let buyer or portfolio investor comfortable with managing tenancy and area-related risks. The property’s modest size (452 sq ft) and tenant stability make it suitable for steady, lower-management returns, with potential uplift if rent is adjusted to market level.

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