Freehold buy-to-let with sitting tenant and immediate income.
Freehold two-bedroom flat, approx. 667 sq ft
A two-bedroom flat within a Victorian mixed-use building on Leicester Road, offered freehold with a long-standing sitting tenant. The property produces a reported gross annual income of £8,220 and will appeal to buyers seeking immediate rental income and a straightforward addition to a buy-to-let portfolio.
Accommodation includes two bedrooms, a living room, kitchen and a three-piece bathroom across approximately 667 sq ft. On-street parking serves the property; broadband and mobile signals are average. The building sits on a main road with ground-floor commercial premises, so any changes to use or layout may require planning consent.
Key strengths are immediate rental income, freehold tenure and proximity to local amenities and schools. Notable considerations: the area records above-average crime, the tenant intends to remain in situ, a buyer’s premium applies to the sale process, and refurbishment potential should be assessed before purchase. Investors should review the Let Property Pack and tenancy documentation before committing.
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