Secure income-producing flat with long lease and parking.
Two bedrooms with main en-suite
A compact, well-kept two-bedroom flat offered as a buy-to-let with tenants in situ. The property includes an en-suite to the main bedroom, a modern living area, a fitted kitchen and an assigned off-street parking space, plus shared rear garden space. It sits in a quiet small-town fringe setting with good local amenities and fast broadband, making it straightforward to let.
The property is sold leasehold with 980 years remaining — effectively a long lease — and currently produces a gross rental income of £9,000 per year. At the asking price of £90,000 this represents a high gross yield attractive to investors seeking immediate income and low-running maintenance demands. Tenants have occupied the flat for several years and are reported keen to remain, so the purchase offers continuity of cashflow.
Buyers should note the flat’s modest overall size (approximately 581 sq ft) which limits family use but suits renters or downsizers. A Buyers Premium applies to secure the sale, and viewing should follow checks in the Let Property Pack for tenancy terms and figures. The building and apartment are described as well maintained, with no reported flood risk and average local crime levels.
This is aimed at investors and developers looking for a low-management addition to a portfolio or a stable rental asset with immediate income. The clean condition and long lease reduce near-term capital expenditure, while the tenant continuity preserves yield. Prospective buyers should review tenancy documentation and the sale terms before committing.
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