Immediate rental income with long-term tenant in place.
- Current gross income £8,400 per year
A straightforward buy-to-let in Shipley, currently let to a long-term tenant with steady payments. The flat is practical and well-kept, offering two bedrooms, a lounge, kitchen and bathroom across approximately 653 sq ft. Current gross income is £8,400 pa with scope to reach around £9,600 pa at market rent.
This leasehold flat sits in a mid-20th-century block with communal grounds and parking. Broadband and mobile signal are strong and there is no flooding risk. The tenant has indicated they intend to remain, so the purchase will suit investors seeking immediate, hands-off income rather than vacant possession.
Important points for buyers: the property is sold with an existing tenancy in place, and a buyer’s premium applies on completion. The surrounding area is mixed and broadly average for deprivation and crime; nearby schools and local amenities add to rental appeal. The flat is in good condition but offers standard finishes, so investors could increase returns through future rental uplifts or selective improvements.
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