BTL in Porth
About this property
Marketing Summary – Freehold Investment Apartment
A well presented two bedroom freehold flat, offering an excellent turnkey buy to let opportunity with tenants already in situ and immediate rental income from day one.
Positioned for convenience, the property is ideally located close to the bus station, train links, and a range of local amenities, making it highly attractive to tenants and supporting consistent rental demand. Internally, the flat is maintained in good condition throughout, comprising a bright and spacious living area, fitted kitchen with ample storage, two well proportioned bedrooms, and a modern shower room.
This is a hands off investment requiring no immediate works, making it ideal for both seasoned landlords and first time investors. With a potential rental income of circa £650pcm, the property offers a solid yield in a well connected location.
Key Features:
• Freehold apartment (rare for this property type)
• Tenants in situ, immediate income
• Potential rental income approx. £650pcm
• Two well sized bedrooms
• Bright living space & modern shower room
• Convenient location near transport links
• Close to shops and local amenities
• Council Tax Band A
Key Financials:
• Purchase Price: £90,000
• Value: £100,000
• Rental Income Per Month: £650
• Rental Income Per Year: £7,800
• ROCE: 10%
• Yield: 9%
Additional Opportunity:
The seller also owns a neighbouring one bedroom apartment, presenting a unique opportunity for investors to acquire multiple units in the same location. There may be scope to negotiate a reduced overall purchase price when buying both properties together, enhancing yield and portfolio efficiency.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
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