Let producing 7.2% gross yield — close to station and local amenities.
One double bedroom ground-floor flat, 403 sq ft
A compact one-bedroom ground-floor flat in a period Edwardian building, offered with an existing AST producing £895 pcm (7.2% gross yield). The open-plan lounge/kitchen and high-ceiling living space maximise the property’s 403 sq ft, and the home benefits from double glazing, gas central heating and an allocated off-street parking space.
This is a straightforward buy-to-let for an investor seeking immediate income and low annual outgoings: service charge is £500 pa and ground rent £200 pa. The flat sits south of London Road, a short stroll from Westcliff mainline station and Hamlet Court Road’s shops and eateries, supporting tenant demand.
Be realistic about the limitations. The apartment is small, in an early-20th-century, solid-brick building likely without cavity insulation, and it carries an EPC rating of D. The local area records higher crime levels, which can affect tenant mix and pricing. The lease has c.96 years remaining—adequate but below the 100-year threshold some lenders prefer.
For investors wanting a let-in-place purchase with minimal immediate capital expenditure, this delivers predictable rental income in a well-connected location. Buyers seeking a long-term owner-occupied starter home should factor in the flat’s size, period fabric (possible insulation/energy upgrades) and the local crime profile when deciding to view.
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