Income-producing two-bedroom flat with tenant in situ — ideal for buy-to-let investors..
Two-bedroom leasehold flat with open-plan lounge and kitchen
Long-term tenant in situ; limited chance of vacant possession
Current gross income £9,000; potential market rent ~£11,400
Allocated off-street parking space included
Fast broadband and very low local crime rate
Medium flood risk — insurance and resilience needed
Located in an area classed as very deprived — demand considerations
Buyers Premium applies to the purchase process
This two-bedroom leasehold flat in Bramble Court is presented as a buy-to-let opportunity with a long-term tenant in situ. The property generates a current gross annual income of £9,000, with a realistic market rent uplift to around £11,400, offering immediate cashflow for an investor. The apartment includes an open-plan lounge/kitchen, a three-piece bathroom plus separate WC, and an allocated off-street parking space.
Practical positives include fast broadband, very low local crime, and easy access to local amenities and transport links. The building is a substantial stone-clad, multi-storey development with communal parking and some greenery nearby, which supports tenant appeal. Several well-regarded primary and secondary schools are close by, which may broaden tenant demand.
Important considerations: the property is leasehold (specific term and ground rent not provided), located in a very deprived ward, and has a medium flood risk — factors you should confirm in due diligence and insurance quotes. A Buyers Premium will apply to the sale, and the sitting tenants indicate limited scope for immediate vacant possession. These details affect transaction costs, financing, and repositioning plans.
For investors seeking an income-generating addition to a portfolio, this flat offers immediate rental yield and modest upside through rent reversion. Factor in leasehold terms, flood insurance, and the buyer premium when assessing net returns. On inspection, check communal maintenance, the lease documentation, and any planned service charges or refurbishment needs.
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