Immediate rent from a tenant in place — strong appeal for rental portfolio buyers.
Freehold three-storey mid-terrace with private rear garden
This three-storey, 2-bedroom mid-terrace on Summerbank Road is offered freehold with a tenant in situ, presenting an immediate income stream for investors. The property is a modern brick build with dormer windows, a private rear garden and on-street parking. It currently produces an annual gross income of £13,200 and will suit buyers seeking an income-producing addition to a portfolio.
The house is arranged over multiple levels with a lounge, kitchen, two bedrooms and three bathrooms. The accommodation appears well maintained and offers straightforward management for a buy-to-let landlord. Broadband speeds in the area are slow, and the plot is small, so buyers should expect basic urban living standards rather than spacious outdoor amenities.
Location factors are mixed: local schools include several rated Good or Outstanding, but the wider area is classed as very deprived with higher crime levels than average. These social and economic factors are important for yield expectations and longer-term capital growth assumptions.
Practical matters to note: the property is sold with sitting tenants who wish to remain, so viewings and vacant possession will be subject to tenancy terms. A Buyers Premium will apply on sale completion; check the Let Property Pack and tenancy paperwork for exact figures and obligations before bidding. This is a clear opportunity for investors or developers familiar with lower-value urban rental markets.
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