Income-producing Victorian terrace near Blackpool town centre, needs cosmetic work..
- Freehold mid-terrace Victorian property with bay window character
- Currently let at £650 pcm (income-producing)
- Gas central heating and double glazing installed
- Small rear yard; limited external space
- Area: very deprived with very high crime — higher management risk
- Likely requires cosmetic refurbishment and exterior maintenance
- Tenure/description ambiguity on bedroom count; check layout pre-purchase
- No flood risk; excellent mobile signal and fast broadband
A centrally located mid-terraced Victorian property currently producing rental income of £650 pcm. The building retains period bay-window character and benefits from gas central heating and double glazing. The freehold offer and existing tenancy make this a straightforward income purchase for a budget-conscious investor.
The immediate area is classed as very deprived with very high local crime rates and strong demand from the private rented sector; this supports lettability but also brings elevated management and security considerations. The small plot and limited external space suit urban rental use rather than family living.
The house shows renovation potential but also some exterior and maintenance issues typical of older terraces. Buyers should expect cosmetic and possible structural upkeep, and to factor in higher running and management costs given the location. Tenants and yields are reliable for the market, but resale premium may be limited by local area constraints.