Let property with steady income and immediate return potential for investors.
3 bedroom mid-terrace with small private rear yard
A compact three-bedroom terraced house in Bamber Bridge, currently let to long-term tenants and marketed as a buy-to-let opportunity. The property produces a gross annual income of £8,100 against an asking price of £107,564 (approximate gross yield 7.5%), making it suited to investors seeking immediate rental return.
The house is traditional brick-built with a small private rear yard and on-street parking. Interiors are modest and well-kept for their type, with a lounge, kitchen, three bedrooms and a three-piece bathroom. Broadband speeds and mobile signal are reported strong, supporting lettability.
Important considerations: the property is leasehold, in a deprived neighbourhood with relatively high crime levels, and overall floor area is small (about 807 sq ft). It is sold with tenants in situ who intend to remain; this secures income but restricts immediate vacant possession for refurbishment or resale.
There is obvious investment potential for landlords or developers prepared to manage a tenancy and local lettings risks. Buyers should review the Let Property Pack for full tenancy details, be aware a Buyers Premium applies to secure the sale, and factor in possible maintenance or modernization costs for long-term value growth.
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