Tenant-occupied, reliable yield and long lease for hands-off investors.
Tenant in situ producing £10,200 pa gross income
Projected market rent approx. £10,452 pa
Long lease: 106 years remaining (leasehold)
Two bedrooms, two bathrooms, open-plan living (approx. 657 sqft)
Allocated parking; modern red-brick block, well maintained
Area: inner-city cosmopolitan with easy access to amenities
Higher-than-average local crime rates — factor into tenant risk
Buyers Premium applies; review Let Property Pack and charges
This well-maintained two-bedroom, two-bathroom apartment is offered as a buy-to-let with a long lease (106 years remaining) and a tenant in situ. It currently produces a gross annual income of £10,200, with a modest projected uplift to around £10,452 at market rent — a straightforward addition for a growing rental portfolio.
Set within a modern red-brick apartment block with allocated parking and easy access to local amenities, the property suits investors seeking low-management, city-centre rental stock. The open-plan layout and communal setting are designed for practical, modern living; broadband speeds are average but mobile signal is excellent.
Important facts for purchasers: the property is leasehold; a Buyers Premium will apply on sale; the neighbourhood records higher-than-average crime levels. Prospective buyers should review the Let Property Pack and tenancy paperwork carefully to confirm current rent, tenant status and any service charges or management arrangements.
This is a practical, turn-key investment for someone prioritising rental income and long-term lease security. While the building appears well cared-for, investors should factor in average local amenities, broadband limits and local crime statistics when assessing yield and exit plans.
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