Summary - Flat 3, 10, Union Road PO33 2FL
1 bed 1 bath Flat
**Standout Features:**
- Chain-free sale with tenant in situ
- Central location in Ryde, close to amenities, shops, and transport links
- Ideal for investors looking to expand rental portfolios
- Affordable pricing at £92,500
- Total area of 345 sq ft, featuring 1 bedroom and 1 bathroom
This second-floor flat in the heart of Ryde presents a fantastic opportunity for investors. With its prime location near shops, amenities, and reliable transport links, it’s an excellent addition to anyone's rental portfolio. The flat is chain-free and currently tenanted, offering immediate rental income without delay. The compact yet functional space includes an entrance hall, cozy living room, kitchen area, a well-sized bedroom, and a bathroom, catering perfectly to a constrained renters market.
However, potential buyers should note its small size and the property’s construction from the mid-20th century, which may lack modern insulation. Additionally, the area has a high crime rate and is categorized as highly deprived, which could influence tenant stability and rental demand. With a service charge of £800 and low council tax, this flat stands as an affordable entry point for investment in a burgeoning coastal town. Don’t miss out on this rare investment opportunity—secure your future with this promising rental asset!
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