At a time when astute investments are pivotal for long-term yields, the UK property market presents an array of opportunities for the discerning investor. And yet, it never fails to amaze us just how many hidden gems there are with price tags under £100K. This week, we’ve got a fresh batch of property finds selected for tenant appeal and potential investment returns. Join us as we present five properties available for sale for under £100k: from a modern apartment in the heart of Peterborough to a well-located flat overlooking a nature reserve.
Modern apartment close to local amenities and transport links – Peterborough – £85,000
Situated in Peterborough, Cambridgeshire, this attractive 3rd-floor apartment benefits from a strategic location that offers excellent transport links, being a short walk from Peterborough Train Station and Queensgate Bus Station. This connectivity, combined with close proximity to a wide range of amenities, including schools, shopping facilities and restaurants, should appeal to prospective tenants.
The apartment itself presents a spacious lounge, a three-piece bathroom, double glazing and allocated parking. Its layout features an open-plan kitchen, dining and living area, offering a modern and attractive living space. Additionally, the property is being sold via Springbok Properties’ Premium Fast Sale Plus process. This method includes a reservation deposit that is part of the final purchase price and an administration fee for an exclusive legally binding contract, aimed to ensure a quick and efficient transaction process and reduce the risk of gazumping.
The property leasehold is for sale for a guide price of £85,000 with 118 years left on the lease. Other cost considerations include a council tax band B, with a ground rent of £50 and a service charge of £1,600 per year.
3-bed terrace minutes from the beach with tenant in situ –£99,950
Located in Red Lion Street, Redcar, North Yorkshire, this three-bedroom terraced property offers a promising buy-to-let opportunity, as it currently secures £550 per calendar month with a sitting tenant.
Positioned mere minutes from the scenic Redcar Beach, this home combines the convenience of urban living with the tranquil charm of seaside proximity. Its location also promises easy access to local schools, shops and transport links. The ground floor features an entrance hall that leads to a lounge with a cosy feature fireplace and a kitchen/diner fitted with modern appliances, including an integrated electric oven and gas hob. The first floor houses three well-appointed bedrooms, each benefiting from uPVC double-glazed windows and radiators, ensuring a comfortable living space. Additionally, its rear garden provides coveted outdoor space, elevating its rental appeal.
Sidcup maisonette near amenities and transport links – auction guide price £70,000
Situated in Sidcup, Kent, this two-bedroom maisonette offers a blend of suburban convenience being near essential amenities. The property is also close to the A2 ensuring easy access to the M25 and inner London for commuters. Offered with a guide price of £70,000+, this first-floor maisonette encompasses a reception room, kitchen, two bedrooms and a bathroom, and a rear garden.
Prospective buyers should note the leasehold tenure with approximately 22 years remaining, necessitating consideration of lease extension costs.
Ground floor flat with tenant in situ and nature reserve views Ayrshire – £35,000
Located in the historic village of Catrine, Ayrshire, this ground-floor, one-bedroom flat presents an interesting investment opportunity, as it currently achieves £400 per calendar month (£4,800 per annum) in rent with a settled tenant. The property has been fully refurbished: features include double glazing, gas central heating, a shared garden and a secure entry system. The flat is fully compliant with all necessary certifications up to date and sold with a fully vetted tenant in place.
Situated in a peaceful and secluded location within Catrine, the property benefits from views over the Catrine Nature Reserve and is just minutes from the village centre, local amenities and shopping options. Its location in Robert Burns country, approximately 2.5 miles from Mauchline, provides easy access to major towns such as Kilmarnock, Ayr, Prestwick and Troon, with Glasgow City centre reachable in approximately 45 minutes via the M77.
Swansea marina top floor apartment sold by modern auction – £75,000
Located in St. Nicholas Square, Maritime Quarter, Swansea, this one-bedroom top-floor apartment is presented for sale by modern auction. The apartment is situated within walking distance of Swansea Bay and near a variety of local amenities, boutique bars, restaurants and cafes and close to Swansea City Centre and the LC2 leisure centre, adding to appeal for tenants or residents seeking leisure and convenience.
The property features an entrance hall, double bedroom, bathroom, lounge and a separate kitchen and benefits from a secure entry system, double glazing and central heating. The lease has been extended, offering a leasehold of 189 years from 24 June 1984. The monthly ground rent/service charges are £100 and the council tax band is C. With no onward chain, the property boasts easy access to the M4, ensuring convenient travel and connectivity.
Let us know in the comments which property caught your eye from today’s selection – we’d love to hear your favourites.
As always, please do your own research when buying properties. This blog is for informational and entertainment purposes only and should not be taken as professional investment advice.
