Summary -
7 The Brampton,Smithfield Road,MARKET DRAYTON,TF9 1EJ
TF9 1EJ
1 bed 1 bath Flat
Ready-made one-bedroom investment with immediate rental income and driveway.
Long-term tenant in situ with consistent payments
A compact one-bedroom flat in Market Drayton offered with a long-term tenant in situ, making it a straightforward buy-to-let acquisition. The property is described as being in good condition, with a spacious lounge, separate kitchen, three-piece bathroom and off-street driveway. Current gross rental is £7,440 pa with scope to increase to around £8,400 pa at market rate.
This unit is leasehold (details in the Let Property Pack) and sits within a terraced block of similar homes. For an investor, the immediate income, proven tenancy history and convenient local amenities (shops, supermarket, pharmacy) give predictable cashflow from day one. Broadband speeds are average and mobile signal is excellent — practical for modern tenants.
Important risk factors are clear and should be reviewed: the area is recorded as very deprived with high local crime levels and a local classification of constrained renters, which can limit tenant pools and upward rental mobility. The property is small (approx. 463 sq ft) and located in a communal/retirement-classified wider area, so resale and tenant demand may be more limited than broader-market locations.
Practical items: tenure is leasehold and a Buyers Premium will apply as part of the sale process — ask to see the full letting pack and lease documents before committing. The current tenant wishes to remain; the sale is therefore suited to buyers seeking an occupied investment rather than an owner-occupier or vacant possession project.
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