Sea Front, Hayling Island, PO11

BUY TO LET INVESTORS ONLY-SOLD WITH TENANT IN SITU
CURRENT RENT £550 PCM-8.8% GROSS YIELD
CASH OR BRIDING FINANCE-FLAT UNDER 200 SQUARE FEET

This well-presented one bedroom flat offers an excellent investment opportunity for buy-to-let investors, as it is being sold with a tenant in situ. Currently achieving a rental income of £550 per calendar month, the property generates a gross yield of approximately 8.8 percent per annum. The flat is leasehold, with 90 years remaining on the lease, and benefits from a manageable ground rent of £200 per year and a service charge of £1,450 per year. The accommodation comprises a comfortable living space, a fitted kitchen, a well-proportioned bedroom, and a modern bathroom. The property falls within Council Tax Band A and has an Energy Performance Certificate rating of E, with the potential to be improved to a C rating. Due to the size of the flat (under 200 square feet), the property is suitable for cash buyers or those using bridging finance. The location is ideal, being within easy walking distance of the beach and a variety of local amenities, making it highly attractive for tenants seeking convenience and a coastal lifestyle.

Externally, the property offers unallocated on-street parking, providing flexibility for residents and visitors alike (parking spaces are not assigned). The surrounding area is well maintained, with access to nearby green spaces and the seafront, which is perfect for enjoying outdoor activities or leisurely walks. The flat’s proximity to the beach allows residents to make the most of the coastal setting, while the close range of shops, cafes, and public transport links ensures all daily needs are easily met. This combination of accessible outdoor space and a vibrant local community enhances the appeal of the property, making it a sound choice for investors looking for a low-maintenance addition to their portfolio. With its strong rental yield, established tenancy, and excellent location, this one bedroom flat represents a compelling investment opportunity in a sought-after area.

BUY TO LET INVESTORS ONLY-SOLD WITH TENANT IN SITU

CURRENT RENT £550 PCM-8.8% GROSS YIELD

CASH OR BRIDING FINANCE-FLAT UNDER 200 SQUARE FEET

This well-presented one bedroom flat offers an excellent investment opportunity for buy-to-let investors, as it is being sold with a tenant in situ. Currently achieving a rental income of £550 per calendar month, the property generates a gross yield of approximately 8.8 percent per annum. The flat is leasehold, with 90 years remaining on the lease, and benefits from a manageable ground rent of £200 per year and a service charge of £1,450 per year. The accommodation comprises a comfortable living space, a fitted kitchen, a well-proportioned bedroom, and a modern bathroom. The property falls within Council Tax Band A and has an Energy Performance Certificate rating of E, with the potential to be improved to a C rating. Due to the size of the flat (under 200 square feet), the property is suitable for cash buyers or those using bridging finance. The location is ideal, being within easy walking distance of the beach and a variety of local amenities, making it highly attractive for tenants seeking convenience and a coastal lifestyle.

A Buyer’s Reservation Fee forms part of any agreed purchase price. 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.

Parking - On street

Unallocated