Established long-term tenant producing immediate rental income for investors.
Two-bedroom leasehold flat in modern brick apartment building
A two-bedroom leasehold flat in Bellmer Close offered with a long-term tenant already in situ — ideal for buy-to-let investors seeking an immediate income stream. The property is well maintained and sits in a modern brick apartment block close to local amenities including shops, Tesco Express and leisure facilities.
The flat produces a current gross annual income of £7,500 with potential to reach £7,728 at market rent; at the asking price this represents steady rental return and straightforward portfolio addition. Broadband speeds are fast and mobile signal is excellent, supporting tenant retention and a broad tenant appeal.
Important considerations: the property is leasehold, located in a deprived area which may affect capital growth, and the overall size is small (592 sq ft). A buyers’ premium will apply on sale and the current tenants intend to remain, so possession for refurbishment or re-letting is unlikely in the short term.
Overall, this is a pragmatic, low-management investment for buyers targeting immediate rental income and long-term tenancy stability, rather than a refurbishment or occupancy project.
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