Chain-free investment with strong rental income potential.
Two bedrooms in a compact 579 sq ft flat
A compact two-bedroom flat in Deeping St James, offered chain-free and currently let at £800pcm. Its combination of low running costs, off-street parking and no service or maintenance charges makes it straightforward to manage for a hands-off investor.
The property is small (approximately 579 sq ft) and sits on a lease with 89 years remaining — worthwhile to note when assessing long-term value. Rental income equates to an estimated near-10% yield at the asking price, subject to fees and market changes. Broadband speeds are fast, mobile signal is excellent and the area has low crime and no flooding risk.
Accommodation is traditionally laid out with a contemporary-standard living room and a modern bathroom, though some parts are dated and could benefit from cosmetic updating to maximise returns. Local amenities, schools and transport links are close by, supporting steady tenant demand in this comfortable, self-sufficient neighbourhood.
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