Urban rental with steady income and immediate cashflow appeal.
One-bedroom flat in modern multi-storey block
A compact one-bedroom apartment in a modern multi-storey block on Sackville Street, offered with a long-term tenant in situ. The flat produces a current gross income of £7,188 pa (approximately £599 pcm), presenting immediate cashflow for a buy-to-let portfolio. Shared off-street parking and contemporary building appearance suit urban renters and provide straightforward management.
The property is leasehold, circa 473 sq ft, and sits in an area with fast broadband and excellent mobile signal — practical positives for modern tenancies. The current tenancy has been steady for several years and the occupiers intend to remain, giving predictable income without void risk in the short term. There is stated upside: market rents in the area could rise to around £750 pcm, which would materially improve gross yield.
Buyers should weigh the investment case against clear location and tenure considerations. The area is classified as very deprived with a high local crime rate; this can limit capital-growth prospects and may affect tenant profiles. The flat has limited external amenity space and is most suitable for single renters or couples rather than families.
Practical transaction points: the sale is subject to leasehold terms and a Buyers Premium to secure the purchase. This listing is positioned for investors and developers seeking immediate rental income, but purchasers should review the full Let Property Pack, tenancy documentation and lease details before offer.
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