Long-term tenant with immediate rental income and refurbishment potential.
Three bedrooms, one bathroom in a mid-terrace Victorian property
A straightforward buy-to-let in Darwen offering immediate income and scope for rent uplift. The mid-terraced Victorian stone facade conceals a three-bedroom, one-bathroom layout over two storeys with a modest rear garden and around 1,076 sq ft of living space. The property is freehold and currently produces a gross annual income of £7,200 (about £600 pcm).
The current long-term tenants have paid consistently and intend to remain, delivering predictable cashflow for an investor seeking low-management vacancy risk. There is clear short-term upside: local market rent data indicates potential to increase income toward market levels, improving gross yield relative to the asking price of £80,000.
Buyers should note material negatives: the area is rated very deprived with above-average crime statistics, the house appears dated and will require internal refurbishment to realise higher rents, and only limited images are available. A buyer’s premium applies on purchase. These factors make the property best suited to experienced investors or developers comfortable working in lower-value urban rental markets who can manage refurbishment and tenant arrangements.
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