Immediate rental income in a central, well-connected town location.
Tenants in situ, achieving £850 pcm
A straightforward buy-to-let with tenants in situ, currently achieving £850pcm, this two-bedroom mid-terrace offers immediate rental income and straightforward management for an investor. The property is freehold, built c.1900–1929, with original period features and double glazing (install date unknown).
Layout includes a lounge, separate dining room, fitted kitchen and a ground-floor shower room, with two double bedrooms upstairs. The rear garden faces a sunny aspect and is low-maintenance. The house is an average-sized 797 sq ft on a small plot and benefits from mains gas central heating and excellent mobile signal and fast broadband speeds.
Important considerations: the area is very deprived with very high recorded crime and a transitional Eastern European neighbourhood profile. The walls are solid brick with no known insulation (assumed), so buyers should expect potential energy-efficiency upgrades. Tenants are in situ, limiting immediate vacant possession and viewings unless agreements are reached.
This is aimed at investors seeking an income-producing property at an entry price of £160,000. It offers a clear short-term yield and medium-term uplift potential if renovation or insulation improvements are carried out, but buyers should price in management effort, safety considerations, and possible refurbishment costs.
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