Long-term let with shared parking and garden — portfolio-ready income.
Current gross rent £6,600 pa from long-term tenant
This mid-floor two-bedroom flat on Netherton Road is presented primarily as a buy-to-let opportunity with a long-term tenant in situ. The property produces a current gross rental income of £6,600 per year and sits in a purpose-built apartment block with shared private parking and a shared rear garden.
The accommodation is described as average-sized and externally the block appears maintained but plain. Internal décor is noted as dated in places and the flat will likely benefit from refurbishment between tenancies to maximise future rental value. Tenure is not specified and full particulars, a floorplan and recent internal photos should be requested before purchase.
Location factors are important: the area has higher-than-average crime and is classed as very deprived, which affects tenant demand and management considerations. Broadband speeds are average and mobile signal is excellent. These realities make the flat a straightforward, low-complexity rental asset for investors prepared to manage an income-producing property in a challenging local market.
Material points for buyers: there is a buyers’ premium payable to secure the purchase, the tenant currently intends to remain, and some internal updating may be required. For detailed investment metrics consult the Let Property Pack and obtain possession/tenancy documentation and a full inventory before committing.
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