Income-ready terrace with clear refurbishment upside for investors.
Tenanted on rolling contract at £500 pcm generating immediate rental income
Freehold mid-terrace Victorian property set over three floors
EPC rating G — significant energy improvements likely required
Small front garden and rear yard; small overall plot
Cavity walls as built with no assumed insulation; heating via room heaters
Double glazing installed before 2002; decorative condition dated and worn
Area is very deprived with higher local crime rates
Suitable for refurbishment or buy-to-let; renovation costs expected
This mid-terrace Victorian house on Helmsley Street offers straightforward rental potential and entry-level purchase for investors or first-time buyers. Currently tenanted on a rolling contract at £500pcm, the property generates immediate income and is sold freehold.
The layout is traditional: living room and small kitchen to the ground floor, storage basement, one bedroom and bathroom to the first floor, and two bedrooms on the second. Rooms are average in size for a terrace; overall plot and garden are small. Decorative condition is mixed and the property will need updating to modern standards.
Important practical considerations: the EPC is band G, heating relies on mains gas and room heaters, and cavity walls appear uninsulated — energy upgrades are likely to be needed and will affect budgeting. The area is very deprived with higher crime levels, which may influence tenant demand and management requirements.
For investors this is a low-entry asset with immediate rent and clear scope for value uplift through energy improvements and cosmetic refurbishment. For a first-time buyer or family, expect to budget for renovation and energy works before achieving comfortable running costs and modern living standards.
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