Compact, tenanted unit offering immediate rental income with communal parking nearby.
Two-bedroom second-floor apartment, approximately 492 sq ft
A compact two-bedroom second-floor apartment offered with a tenant already in situ, presenting an immediate rental income opportunity. At about 492 sq ft the layout includes a living room, kitchen and bathroom — straightforward accommodation aimed at the buy-to-let market or someone seeking a low-maintenance coastal base.
The block benefits from communal off-street parking and good digital connectivity, with excellent mobile signal and fast broadband speeds for the area. There is no identified flood risk. Local facilities are extensive for a small town, with shops, cafes, transport links and schools nearby, supporting reliable tenant demand.
Important practical points: the property is leasehold, and buyers should check the lease length, ground rent and service charge details. The apartment is small and in a very deprived local area classification, factors that can affect long-term capital growth and mortgage availability. The tenant in situ will limit immediate vacant possession but secures rental income from day one.
This unit suits investors seeking an income-producing asset in a coastal town or purchasers wanting an entry-level property to renovate or manage as a let. Consider arranging full tenancy paperwork review and a survey to confirm condition and lease terms before committing.
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