Summary - 9 BYERLEY ROAD, SHILDON DL4 1JJ
2 bed 1 bath Terraced
Ready-made rental with strong income and recent major works.
Long-term tenant in place paying £460pcm (9% yield)
A well-presented mid-terrace Victorian property offered as a ready-made rental with a long-term occupier in situ. The tenant currently pays £460pcm, producing a strong headline yield around 9%, and has expressed a wish to remain, making this a hands-off income opportunity. Recent major works include a newly fitted main roof and a Baxi Platinum boiler; an EPC of C and recent gas safety check (May 2025) support immediate lettability.
Internally the house provides two good-sized bedrooms, two reception rooms, a modern kitchen and a bathroom. Safety and compliance are up to date: mains-wired smoke/heat/CO detectors, fire blanket, and an EICR carried out in May 2023 (three years remaining from that date). A small enclosed rear yard offers private outdoor space while the property’s solid brick construction reflects its period roots.
Buyers should note material locality and fabric considerations. The property sits in a deprived area with above-average crime statistics and very small plot size, factors that can affect tenant demand and resale. Walls are likely uninsulated (original solid brick construction), so further thermal improvements could be needed to future-proof energy performance.
Overall this is a practical purchase for an investor seeking immediate rental income and low short-term maintenance risk due to recent checks and a new roof. The location and compact plot limit scope for significant capital-growth improvements without additional investment, so buyers should factor local market conditions and potential retrofit costs into their appraisal.
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