Reliable tenants, long lease and an 8.0% gross yield for cash buyers.
Top-floor two-bedroom apartment with open-plan layout
A compact buy-to-let with a very long lease and established rental income, presented as an investor-ready purchase. The top-floor apartment sits on a modern estate in a popular Bury location and is sold with reliable tenants already in situ.
Income is straightforward: current annual rent of £7,800 gives a gross yield of 8.0% at the asking price. The 999-year lease and new-build construction reduce long-term tenure risk, while excellent mobile signal and local amenities support tenant demand.
Be aware of ongoing costs: an annual service charge of £1,408.90 and ground rent of £150 will affect net returns. The flat is small and has average broadband speeds, so consider suitability for certain tenant types and potential future void periods if re-letting.
Overall this is a low-management investment for buyers seeking immediate income and long lease security, provided the service charges and compact accommodation meet your income and portfolio criteria.
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