Turnkey rental income with scope to improve returns in a central location.
Long-term tenants in place — 8 years, steady rental payments
Gross annual income £5,640 — immediate yield potential
Freehold 3-bed semi-detached with private front and rear gardens
Small overall size ~496 sq ft — limited living space
High local crime and very deprived area — higher tenant risk
On-street parking only; no allocated parking or garage use stated
Buyer’s premium applies to the sale process — additional purchase cost
Suitable for refurbishment or portfolio expansion by investors
This three-bedroom semi-detached house on Repton Avenue presents a clear buy-to-let opportunity with established rental income and long-term tenants in situ. The property is freehold, has private front and rear gardens, and benefits from fast broadband and excellent mobile signal — useful for attracting modern tenants.
Currently producing a gross annual income of £5,640 with tenants who have lived at the address for eight years and intend to remain, the property suits investors seeking immediate rental yield and minimal void risk. The house’s compact footprint and simple layout make it straightforward to manage or refurbish to boost returns.
Buyers should weigh the material negatives: the wider area is very deprived with a high local crime rate, and the property is small at about 496 sq ft. Parking is on-street only. A buyer’s premium applies to the sale process, and the existing tenancy will transfer to a new owner if retained.
For investors and developers prepared to accept the social and market challenges of the area, this property offers predictable cashflow, close access to local amenities and several well-rated schools nearby — features that can sustain rental demand or support a modest refurbishment strategy to increase value.
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