Ready-made rental near Turkey Street station with communal parking.
Three-bedroom first-floor flat, circa 836 sq ft
A three-bedroom first-floor flat offered with a sitting tenant, presenting a ready-made rental income opportunity close to Turkey Street station. The apartment sits in a mid‑20th century purpose‑built block with communal gardens, off‑street parking and a private balcony. Internally there’s a generous reception, a spacious kitchen and a newly fitted bathroom, all served by gas central heating.
Practical investor details: the property is leasehold with c.84 years remaining and a low recorded ground rent of £10. The flat totals about 836 sq ft (77.7 sqm) and is typical in size for its building — two comfortable double bedrooms plus a smaller third bedroom. Fast broadband and excellent mobile signal support rental demand for working tenants.
Material cautions are clear and should be factored into offers. The area records high crime levels and very high local deprivation; this influences lettings, insurance and management. The building dates from the 1950–66 period and cavity walls are assumed to be uninsulated, so further energy‑efficiency work may be needed. Service charge and exact maintenance liabilities are not provided and will affect running costs.
Overall this is a practical, income‑focused purchase for buy‑to‑let investors who accept urban market dynamics. It requires routine management and potential upgrade investment for longer‑term value growth, but its location and existing tenancy make it straightforward to occupy in the short term.
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