Studio rental with parking and clear upside for investors.
Long-term tenant in situ, steady rental income
A straightforward buy-to-let in S11 with a long-term tenant already in place, this studio-style flat sits within a Victorian stone building on Brincliffe Edge Road. It produces a current gross rent of £6,600pa with potential to rise to around £10,200pa at market rates, making it an attractive yield play for investors seeking immediate income and upside.
The flat offers an open-plan living area, a compact kitchen, and a triple-fixture bathroom. Off-street parking is available and the lease has 108 years remaining. The property shows typical wear: living area needs redecoration and the kitchen is dated and likely requires updating to achieve the higher rental figure projected.
Important practical points for buyers: the property is leasehold, a Buyers Premium applies on purchase, and the sale is being offered with the existing tenant who intends to remain. These factors suit investors seeking a low-management, income-producing asset rather than an owner-occupier planning immediate vacant possession.
Nearby schools, good broadband and low local crime support long-term lettability. The building’s Victorian character and corner position add appeal, while modest refurbishment could increase rental value and future resale potential.
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