Long-term tenant in place and immediate rental income potential.
2 bedroom end-of-terrace with traditional Victorian character
A two-bedroom end-of-terrace in Chorley offered with a long-term tenant and immediate rental income. The property is freehold, traditionally laid out and sits on an average-sized plot with a private rear garden and street parking.
This house is presented as an investment opportunity: current gross income £9,600 pa and a stable tenancy in situ. The Victorian-era property shows period character but is described as dated and will reward basic updating; the living room features wooden floors and a wood burner, while other rooms are modest in size.
Buyers should note this is marketed with a Buyers Premium to secure the sale and the existing tenants do not intend to vacate, so possession will be subject to the current tenancy. The local area classification is given as 'Hampered aspiration', which may restrain strong capital growth compared with higher-demand locations.
For an investor or developer, the combination of immediate yield, decent plot size and straightforward refurbishment potential makes this a practical portfolio addition, provided you account for tenant continuity, the advertised premium, and modest upkeep works.