Compact modern flat with parking and strong rental yield potential.
Two double bedrooms within a compact 349 sq ft layout
A compact two-bedroom apartment in a gated Carlisle Mews development, offered leasehold at £62,500. The flat occupies about 349 sq ft with a small open-plan lounge/kitchen, one bathroom and two double bedrooms — a footprint designed for low-maintenance living or rental stock. An assigned off-street parking space and gated access add practical appeal in a central location close to shops, schools and transport.
This unit suits investors seeking a high-yield, easy-to-manage let: suggested rental is £600 pcm (approx. £7,200 pa), which equates to a gross yield around 11.5% at the asking price. Broadband speeds and mobile signal are strong, supporting lettings to professionals or sharers. The property is ready to occupy with modern fittings in the living/kitchen area.
Important negatives are stated plainly: the apartment is very small and the broader area is classified as very deprived with high local crime rates — factors that will influence tenant demand, management and insurance costs. Tenure is leasehold, which requires enquiry into remaining term and service charges before purchase. Council tax is very low, which supports affordability for tenants.
For an investor seeking immediate income or a buyer downsizing to a low-upkeep home in a town centre, this property offers clear rental potential and simple upkeep. Prospective purchasers should check lease details, running costs and local letting demand before committing.
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