Immediate income opportunity with no forward chain and commuter links nearby.
Long-term tenant in situ (11 years) paying £740 PCM
A straightforward buy-to-let opportunity in Orton Brimbles: a three-double-bedroom terraced home with a long-term tenant in place and no forward chain. The property produces £740 PCM from a tenant of 11 years, offering immediate income and a gross yield around 5.0% at the current asking price of £176,000. The internal floor area is 969 sqft, with a lounge/dining area, gas central heating and double glazing.
Outside, the enclosed rear garden and patio give low-maintenance outdoor space while communal parking to the side and rear removes on-street parking concerns. The location delivers practical commuter links with easy access to the A1(M), local shops, schools rated Good and public transport nearby.
Important investor notes: the property is sold with a tenant in situ (investors only) so viewings and possession terms will be subject to the existing tenancy. The neighbourhood records higher crime levels than average and the plot is small, factors that should be considered when assessing rents and tenant demand. EPC rating C and cavity walls are positives for running costs, and council tax is reported very cheap.
Overall this is a hands-off income option for a landlord seeking immediate rent and a stable, long-term tenancy. It suits a portfolio buyer who accepts the tenant-in-situ condition and is comfortable with local area considerations and a modest yield profile.
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