Income-ready one-bedroom buy-to-let with tenant in situ.
One-bedroom flat, 377 sq ft freehold
A compact one-bedroom flat in Ashvale Place, offered as a buy-to-let opportunity with a long-term tenant in situ. The property is freehold, well maintained and sits in a cosmopolitan student and commuter neighbourhood with fast broadband and excellent mobile signal.
Current gross income is £4,680 per year with proven room to increase to a market rate of £6,288. That uplift would improve overall yield and make the purchase attractive to investors seeking immediate rental income and future rental growth.
The flat is small (377 sq ft) and best suited to single tenants or student lets. The surrounding area is classed as deprived, which supports steady rental demand but may limit strong capital appreciation compared with more affluent neighbourhoods.
Practical points to note: tenants currently do not intend to vacate, and a Buyers Premium will apply on sale. There is no flood risk, and the building is a traditional stone terrace with typical period character.