Buy-to-let opportunity with parking and fast broadband for immediate rental income.
Tenanted one-bedroom first-floor flat — immediate rental income potential
Leasehold with 63 years remaining — lenders may refuse mortgages
Ground rent £100/year; budget for possible lease extension costs
Newly renovated internally with new flooring and neutral decoration
Compact kitchen needs modernisation for long-term rental appeal
One allocated off-street parking space plus visitor parking
No flood risk; excellent mobile signal and fast broadband
Located within walking distance of shops, transport and local amenities
This first-floor one-bedroom flat has been newly renovated and is offered with a tenant in situ, making it a straightforward purchase for investors seeking immediate rental income. The accommodation includes an open-plan lounge and kitchen, double bedroom, bathroom with shower over bath, and useful hallway storage. Newly fitted flooring and neutral decoration reduce initial upkeep and refresh costs.
The property is leasehold with 63 years remaining. That limited lease length is a material concern: some mortgage lenders may refuse to lend, and buyers should budget for a potential lease extension and associated costs. Ground rent is modest at £100 per year but factor legal and extension fees into purchase planning.
Practical benefits include one allocated off-street parking space, visitor parking, no flood risk, excellent mobile signal and fast broadband — attractive for tenants. The flat sits within walking distance of local shops, bus links and community amenities on Hayling Island, supporting steady tenant demand in an affluent, retirement-oriented area.
Note the kitchen is compact and shows basic fittings that may benefit from modernisation over time to maintain rental appeal. Overall, this is a low-maintenance, income-producing flat with clear value drivers, but the short lease is a significant constraint that should be resolved early in the buying process.
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