Turnkey buy-to-let with immediate income and long lease in a desirable location.
Top-floor modern two-bedroom apartment, built 2024
Tenants in situ — immediate rental income £1,350 pcm
997-year lease — long lease security
Off-street parking included
Service charge approx £1,392.92 pa; ground rent £250 pa
Medium flood risk in the area
Compact bedroom sizes — practical but not spacious
Tenure: Leasehold; council tax band B (described as cheap)
A modern two-bedroom top-floor apartment in Rooksmoor Mills, offered with tenants in situ and producing immediate rental income of £1,350 pcm. Built in 2024, the flat benefits from contemporary fixtures, an open-plan living area and integrated kitchen appliances, making it a straightforward, low-effort let for investors seeking cash flow from day one.
Practical strengths include an exceptionally long lease (997 years), off-street parking, and mains gas central heating with a boiler and radiators. Service charges are payable (annual equivalent £1,392.92) and ground rent is small (£250 pa), both standard for a managed development; council tax band B is described as cheap locally.
Notable considerations are a medium flood risk for the area and ongoing leasehold costs that affect net yield. The apartment is sold with tenants in place, so any purchaser must accept the existing tenancy terms; viewing/possession timing will be subject to that tenancy. Rooms are generally compact, which suits rental demand but may limit space for owner-occupiers seeking larger accommodation.
Overall this is a low-management, modern investment in a very affluent area with good local schools and amenities. It will suit buy-to-let investors looking for immediate income and a property requiring minimal refurbishment, provided they are comfortable with the stated flood risk and service charge commitments.
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