Compact 2-bed investment with long lease and immediate rental income.
Two bedrooms and a lounge/diner (approx. 549 sq ft total)
A compact 2-bedroom leasehold flat (approx. 549 sq ft) offering immediate rental income and long-term investment potential. The property includes private front and rear gardens, on-street parking, and a traditional internal layout of lounge/diner, kitchen and three-piece bathroom. Broadband is fast and mobile signal excellent, supporting modern tenant requirements.
The property is sold with long-term tenants in situ producing an annual gross income of £9,300. Tenants have occupied the property for several years and intend to remain, so this is a lettable, income-generating purchase from day one — likely to attract serious buy-to-let investors and developers. The lease is long (957 years remaining), which reduces typical leasehold risk for investors.
Notable positives are the steady rental income, private gardens and the short commute to local amenities and schools rated Good or better. Drawbacks to note: the overall internal size is small (549 sq ft), the tenure is leasehold, and a buyer’s premium will be applied as part of the sale process. The surrounding area is described as a transitional Eastern European neighbourhood with average crime levels — factors investors should consider for rental demand and future resale.
For an investor seeking a low-management, let property with established income and a very long lease, this flat represents a straightforward portfolio addition. For non-investor buyers, the small size and tenancy in place reduce immediate owner-occupier suitability unless vacant possession is negotiated.
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