Income-producing one-bedroom flat with long-term tenant and strong gross yield.
Long-term tenant in situ with consistent rental payments
Current gross income £13,200 per year; potential £13,800 at market rent
Small one-bedroom flat — about 409 sq ft
Leasehold tenure; check remaining lease and service charges
Buyers Premium applies on completion — factor into total cost
Located in deprived area but with very low local crime levels
Close to amenities, university, shops, and good transport links
Fast broadband and excellent mobile signal, suited to renters
Located on Talbot Road, this compact one-bedroom flat is presented as a clear buy-to-let proposition for investors seeking immediate income. The property sits in a modern multi-storey building close to shops, transport links and a university, and benefits from fast broadband and excellent mobile signal — useful for long-term rentalability in an inner-city market.
A long-term tenant currently occupies the flat, producing an annual gross income of £13,200; the vendor's pack indicates potential to lift this to about £13,800 at market rent. At the current £110,000 asking price this equates to a strong gross yield for investors. The apartment includes a modern kitchen and a three-piece bathroom and is described as well-kept internally.
Important considerations: the property is leasehold, sits in an area classified as deprived, and is small (c. 409 sq ft). A Buyers Premium will apply on sale completion. The tenant intends to remain, so this is a purchase for an investor wanting an income stream rather than vacant-possession redevelopment.
Overall this is a straightforward, income-producing unit that suits portfolio investors or developers buying multiple lots. It offers immediate cashflow and modest upside by aligning rent to current market levels, but buyers should allow for leasehold terms, the building’s urban location and the listed buyer’s premium when modelling returns.