Summary - 15 VICARS WALK WORKSOP S80 2HJ
2 bed 1 bath Terraced
Freehold investment with immediate rental income and refurbishment potential.
Tenants in situ producing £500 PCM rental income
A two-bedroom Victorian mid-terrace offered freehold with tenants in situ, producing a current gross yield of about 6.6% on the asking price. The house is compact (approximately 603 sq ft) and sits a short walk from Worksop town centre and local amenities, making it straightforward to re-let to constrained-renter demand.
Internally the layout comprises a front lounge, breakfast kitchen and two double bedrooms with a first-floor bathroom. The property is of traditional solid-brick construction with double glazing and mains gas boiler central heating; however insulation in the walls is likely absent and services have not been tested. The home will suit a hands-on investor prepared for routine maintenance and modest upgrading.
Key attractions are tenant income in place, low council tax, fast broadband and excellent mobile signal. Material negatives to factor into acquisition cost: the neighbourhood records very high crime and very high area deprivation, the plot and overall size are small, and some refurbishment or insulation work may be needed to improve long-term rental value and energy performance.
This is a practical investment for buyers targeting reliable rental income and easy management rather than a high-growth, low-risk play. Buyers should carry out their own checks on tenancy terms, safety certificates, and required repairs before purchase.
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