Tenant in place, immediate rental income for ready landlords.
One-bedroom ground-floor flat with private rear garden
A ground-floor one-bedroom flat offered to landlords with a tenant in situ paying £650 pcm. The 475 sq ft apartment includes a large lounge/diner, double bedroom, modern kitchen and bathroom, plus a private rear garden — a practical rental layout that is simple to manage.
The property is leasehold with 92 years remaining, a below-average service charge of £960 pa and a nominal ground rent of £10. Broadband speeds are fast and mobile signal is excellent, supporting tenant appeal for streaming and home-working.
The location is in a very deprived, multi-ethnic hardship neighbourhood and the surrounding estate shows mid-20th-century build characteristics that will need ongoing maintenance. Crime is average for the area. These factors keep purchase price low and suit buyers focused on immediate rental income rather than long-term capital growth.
No flood risk is indicated. The flat is being sold to landlords only, with an existing tenancy in place, making it a straightforward, income-generating purchase for investors prepared to accept the local-area challenges and maintenance requirements.
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