2 Bedroom Flat, Cedric Crescent, Thurcroft, S66

BUY TO LET INVESTORS ONLY-SOLD WITH TENANTS IN SITU

RESIDED IN PROPERTY SINCE 2014 WITH CONTRACT IN PLACE UNTIL SEPTEMBER 2026

CURRENT RENT £366 PCM-POTENTIAL RENT £595 PCM

CURRENT GROSS YIELD 7.9% PA-POTENTIAL 12.9% PA

Tenants in Situ. This well-presented two-bedroom on 1st floor flat offers an excellent investment opportunity, currently tenanted and generating a strong gross yield of 7.9 percent per annum with a monthly rent of £366. The property is attractively priced to sell and benefits from a long leasehold of approximately 103 years remaining, providing peace of mind and long-term security for the discerning investor. Situated in Council Tax Band A, the flat offers cost-effective living, which is appealing to tenants and investors alike. The interior comprises a spacious lounge, a functional kitchen with ample storage, two well-proportioned bedrooms, and a modern bathroom, all designed to maximise comfort and practicality. The property also boasts an Energy Performance Certificate rating of D, with the potential to improve to C, ensuring energy efficiency and lower utility costs. Convenient on-street parking is available, adding to the property's appeal for residents who require easy access for vehicles. With tenants already in situ, this is a turnkey investment with immediate income potential, allowing a seamless transition for any investor looking to expand their portfolio or enter the buy-to-let market. The property is set in a popular residential area with local amenities, shops, and transport links nearby, enhancing its rental appeal and ensuring consistent tenant demand. This is a rare opportunity to acquire a low-maintenance, income-generating asset with substantial leasehold tenure, strong rental returns, and future growth potential. Early viewing is highly recommended to appreciate the value and convenience offered by this well-located and competitively priced flat.

A Buyer’s Reservation Fee, which forms part of the purchase price, will apply. Please contact branch for more information.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.