High-yield one-bed auction lot near city, strong rental demand — ideal for cash investors prepared to refurbish..
High-yield buy-to-let potential — projected rental income over £7,000 pa
Leasehold with c.230 years remaining
Sold at auction — 5% deposit and substantial buyers' fees apply
Requires modernisation; likely thermal upgrades and general refurbishment
EPC rating D — energy performance below modern standards
Located in very deprived area with above-average crime statistics
Fast broadband and excellent mobile signal; good transport links
Legal pack lacks a leasehold sale pack — make independent enquiries
A compact one-bedroom flat on the second floor offering a high-yield buy-to-let opportunity in L11. Local rental demand is strong and the vendor estimates potential annual rent in excess of £7,000, which supports a significant return for an investor who can refurbish and let quickly.
The property is leasehold with around 230 years remaining and will be sold at auction on 25 September 2025. Bidders should note the sale is unconditional at hammer and that there are non-refundable auction fees and a minimum 5% deposit; all sales bind at the point of sale. The legal pack does not include a leasehold sale pack — make independent enquiries ahead of bidding.
The flat sits above a mixed-use commercial frontage in a very deprived area with above-average crime; it requires modernization and may need thermal improvements (solid brick, likely no cavity insulation). EPC rating D and mid-20th-century construction reflect current condition. Fast broadband, excellent mobile signal and good transport links are positives for tenants.
This is aimed at cash or experienced investors who accept auction risks and refurbishment costs in exchange for a potentially high yield. The building’s mixed-use setting may limit some resale buyer pools but supports steady tenant demand locally.