Income-producing first-floor apartment with secure parking and juliette balcony.
Let on Assured Shorthold Tenancy, income £8,700 pa
A two-bedroom modern apartment offered for sale by public auction, currently let on an Assured Shorthold Tenancy and producing £8,700 per annum. The flat occupies the first floor of a recent brick apartment block and benefits from double glazing, a juliette balcony, secure communal parking and an EPC rating of C.
This lot suits investors seeking an income-producing asset with immediate rental return and straightforward management: average-sized accommodation (approx. 765 sq ft) laid out as living/dining/kitchen, two bedrooms and a bathroom. Running costs are relatively low (Council Tax Band A), and the building appears low-maintenance externally.
Key considerations: the property uses electric storage heating and mains electricity, which can raise running costs and appeal to some tenants; the surrounding area is classed as very deprived with high local crime rates, which may affect lettings or future capital growth. Tenure is not confirmed and the property has not been internally inspected by the marketing agent — buyers must rely on provided information and carry out their own due diligence prior to auction.
Sold at auction with a guide price of £70,000+, this is a straightforward buy-to-let opportunity for a hands-on investor prepared to accept the location profile and to verify tenure and internal condition before bidding.
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