Immediate-income 3-room HMO with refurbishment potential on a long lease.
3-room HMO; tenants in situ providing immediate rental income
A compact Victorian mid-terrace configured as a three-room HMO, offered with tenants in situ for immediate rental income. The property sits on Briercliffe Road close to shops, bus routes and local amenities, making it straightforward to let in this high-demand area.
Internally the house offers a spacious kitchen-diner, three lettable rooms and a modest bathroom in about 711 sq ft. The long lease (c.859 years) and mains gas central heating are practical advantages for an investor looking for a low-ownership-hurdle asset.
Be realistic about works: the building is older stock (pre-1900) with evidence of external wear and possible damp, no known wall insulation, and some cosmetic and routine maintenance likely needed. There is no visible off-street parking and the plot is small, which may limit appeal to certain tenants.
This is a value-led opportunity for a landlord seeking immediate income and refurbishment upside. The location in a very deprived area with above-average crime means yield expectations should reflect higher management, safety and maintenance needs. Flood risk is low and broadband and mobile signals are good.
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