Summary - 31, Leven Street TS1 4HP
2 bed 1 bath Terraced
Low-price TS1 freehold with immediate rental income and conversion potential.
- Freehold Victorian mid-terrace, chain free
- Currently let at £467 pcm (sitting tenant)
- Potential conversion to four bedrooms to increase income
- EPC rating D; double glazing present
- Small enclosed rear courtyard garden
- Area classed very deprived with very high crime
- Likely requires refurbishment and ongoing maintenance
- Buyer’s premium applies; tenant remains in situ
A compact Victorian mid-terrace offered freehold and chain free, this TS1 property is aimed squarely at investors seeking immediate income and upside. It currently returns £467pcm from a sitting tenant, delivering instant cashflow while offering scope to increase rental yield through refurbishment or by converting the layout to up to four bedrooms.
The house is traditional in layout with two reception rooms, a fitted kitchen, family bathroom and two bedrooms plus access to a loft room. The ~703 sq ft footprint and enclosed rear courtyard suit straightforward, low-maintenance lettings. The property has double glazing, mains gas central heating and an EPC rating of D.
Buyers should note material considerations: the area is classified as very deprived with very high local crime rates, and the tenant rent is low relative to potential market rents, so achieving higher income will likely require investment and active management. The plot is small, and the terrace is of solid brick construction (c.1900–1929) with external insulation; older properties may need ongoing maintenance and updating.
For investors prepared to refurbish, reconfigure internally, and manage tenancy risk, this is a low-entry-price purchase in a city-centre TS1 location. The sale price reflects the need for works and the local market; immediate possession is unlikely while the tenancy remains in place.
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