Summary - 3 WALTER STREET WITHERNSEA HU19 2AD
2 bed 1 bath Terraced
Let property with immediate rental income and clear uplift potential.
Freehold two-bedroom Victorian mid-terrace, approx 856 sq ft
A compact Victorian two-storey terrace in Withernsea currently let and producing a gross annual income of £6,300. The property offers two bedrooms, a lounge, kitchen and one bathroom across approximately 856 sq ft, with tenant continuity making it an immediate income asset.
The house shows clear refurbishment potential: original period features remain, but there are signs of damp and mold and the exterior and interior will likely need renovation to reach market rent of about £7,200 per year. Small plot and average room sizes limit garden and living space expansion.
Positioned in a very deprived, high-crime area of town fringe terraces, the property will mainly appeal to serious buy-to-let investors or developers seeking yield and value-add opportunities rather than owner-occupiers. Excellent mobile and fast broadband support rented living and tenant demand locally.
Purchase is freehold; a Buyers Premium applies to secure the sale. Interested investors should review the Let Property Pack for tenancy details, income breakdown and refurbishment cost guidance before committing.
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