Small freehold buy-to-let with tenant in place and immediate income.
Tenant in situ producing £6,600 per annum
A compact two-bedroom mid-20th century terraced house offered as a clear buy-to-let opportunity with a tenant in situ producing £6,600 per year. The property is freehold, economical to run (Council Tax Band A) and sits close to village amenities and transport links in Somercotes. With 594 sq ft of accommodation the layout includes lounge, separate dining room, fitted kitchen, ground-floor shower room and two first-floor bedrooms.
This is a hands-on investment: the home has an older roof and generally small rooms, so buyers should allow for routine updating and ongoing maintenance. EPC rating D means energy improvements may be needed to boost efficiency and tenant appeal. The rear yard, front foregarden and brick stores provide straightforward, low-maintenance outdoor space.
Location strengths include fast broadband, nearby schools rated Good, and local shops and bus links. However, the immediate area is classified as deprived with above-average crime statistics, which affects tenant demand and long-term capital growth. The property’s current rental income is disclosed and it is sold with the tenant in situ — suitable for an investor seeking immediate cashflow but limiting vacant possession options.
Overall, this is a small, practical buy-to-let with reliable income and short-term yield potential for an investor prepared to manage maintenance and factor local social-economic challenges into their strategy.
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