Let property with steady income and uplift potential for investors.
• Long-term tenant in situ producing £9,600 pa gross income
• Upside to ~£10,200 pa at market rent
• Freehold title for the flat
• Spacious lounge and modern fitted kitchen
• No flood risk; excellent mobile signal; average broadband
• Area classed very deprived with very high crime rates
• Buyers Premium applies to purchase costs
• Tenant intends to remain; no immediate vacant possession likely
This one-bedroom flat on Central Way is presented as a buy-to-let opportunity with an established long-term tenant in situ. The property offers a spacious lounge and a modern kitchen, producing a current gross annual income of £9,600 with documented potential to achieve around £10,200 if re-let to market rates. Ownership is freehold, which can simplify title considerations for investors.
The building is contemporary with large windows and a brick façade, suggesting relatively recent construction and bright interiors. Mobile signal is excellent and there is no flood risk. Average broadband speeds and proximity to multiple transport links, shops and amenities support ongoing tenant demand in this city-centre location.
Important drawbacks are factual: the neighbourhood records very high crime and the wider area is classed as very deprived, which may affect rental demand, tenant profile and insurance or management costs. The current tenant intends to remain, so immediate vacant possession is unlikely. A Buyers Premium will apply to the sale — factor this into purchase costs.
This listing is best suited to investors seeking an income-producing flat with low immediate refurbishment needs and modest uplift potential. Review the Let Property Pack for full tenancy documentation, income breakdowns and condition reports before bidding to confirm yield and cash-flow projections.
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