Occupied three-bedroom terrace with steady rental income and garden appeal.
Buy-to-let only — tenants remain in situ
Current rent £1,100 pcm (last increased 05.2024) — verify with solicitors
Approximate gross yield c.4.4% at £300,000 asking price
Freehold; EPC rating C72
50' west-facing rear garden and front lawn
Double glazing and gas central heating throughout
Built 1976–82; partial cavity insulation — potential energy upgrades
Located in a very deprived, hampered neighbourhood (affects growth risk)
This three-bedroom mid-terraced house on Mendip Crescent is offered specifically for buy-to-let investors, with sitting tenants and a verified rent of £1,100 pcm (last increased 05.2024). The property is freehold, gas centrally heated with double glazing throughout, and presents straightforward rental appeal: good-sized lounge, fitted kitchen/diner and a 50' west-facing garden.
At £300,000 the current income equates to an approximate gross yield of about 4.4% (based on the advertised rent). EPC C72 and recently refitted bathroom reduce immediate compliance risk, while the modern kitchen means minimal short-term upgrade costs for a landlord looking for steady tenancy.
Important risk factors are clear: the sale is for investors only and tenants will remain in situ, so immediate owner occupation isn’t possible. The property sits within a very deprived local area classification and hampered neighbourhoods, which can affect long-term capital growth and tenant turnover. Plot size is small and the building dates from 1976–82 with partial cavity insulation, so there may be scope and cost for energy-efficiency improvements.
Overall this is a pragmatic investment pick for a landlord seeking an occupied, income-producing mid-terrace with easy access to local schools, bus routes and rail links. Investors should verify rent, tenancy terms and maintenance history with their conveyancer before committing.
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