Long-term tenant with scope to increase rent to market level.
Long-term tenant in place with consistent rent payments
A straightforward buy-to-let offering in a modern block close to local amenities and schools. The flat is let to long-term tenants who have consistently paid rent, producing a current annual gross income of £6,600 with scope to increase to about £7,920 at market rates.
The apartment is modest in size (581 sq ft) and well maintained, with two bedrooms, a lounge, kitchen, bathroom and an off-street parking space. Construction appears contemporary with low-maintenance communal grounds, making it easy to manage as a rental asset.
Important considerations for buyers: the property is leasehold, sold for cash only, and a Buyers Premium applies to secure the purchase. The immediate area is classified as very deprived, which can affect tenant demand and long-term capital growth, though yields are currently attractive for investors.
This listing suits investors seeking an income-producing, low-management property with immediate rent roll and potential to increase returns. Full investment details and tenancy documents are available in the Let Property Pack for serious buyers.
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