Immediate rental income opportunity for portfolio buyers seeking steady yield.
- One bedroom leasehold flat, approximately 441 sq ft
- Produces £9,000 annual gross rental income
- 124 years remaining on the lease
- Shared private off-street parking included
- Long-term tenant in situ providing immediate cashflow
- Buyers premium applies on completion
- Located in a very deprived area with high crime
- Internal condition and service charges require verification
This one-bedroom leasehold flat sits within the Landmark building at Waterfront West, offered with a long-term tenant producing £9,000pa. The 441 sq ft home is presented as a straightforward income purchase with shared private parking and a 124-year lease remaining.
The flat’s immediate cashflow and compact footprint make it well suited to buy-to-let portfolios or investors seeking an add-on asset. Broadband and mobile signal are strong and there is no flood risk. The current tenancy has been stable for several years, providing continuity of rental income on completion.
Buyers should note material considerations: the property lies in a very deprived area with high local crime rates, and a buyers premium will apply to complete the sale. The building appears modern and well-kept externally, but internal condition and maintenance needs are not detailed here — purchasers should review the Let Property Pack and inspect to confirm service charges, maintenance history and any refurbishment requirements.
Overall, this is a clear investment play: immediate rental income, long lease and parking, balanced against location-related risks and the need to verify on-site management and running costs before purchase.
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