Income-producing period property with refurbishment potential near top schools.
Split into three self-contained flats producing £20,460 pa income
This substantial Victorian end-terrace is arranged as three self-contained flats currently producing £20,460 per year (rents: £485, £610, £610). The property sits on a decent plot with a forecourt and rear yard and offers immediate rental income for an investor seeking an income-producing asset in Nether Edge.
Sold via public online auction with bidding closing 29 October 2025, purchasers must review the legal pack and any addenda carefully. A buyer’s premium and additional fees apply — these are set out in the sale documents and should be factored into purchase costs.
The building retains period character including bay and sash windows and high ceilings, giving scope to enhance rental values. Energy performance is mixed (one D, two Es) and heating is by electric room heaters; walls are cavity without insulation (assumed), so improvement to energy efficiency would reduce running costs and boost appeal.
Practical considerations: the flats are described as providing scope for improvement and some refurbishment will likely be needed to maximise returns. Tenure is not stated in the details provided; bidders should verify tenure, service charges and full condition via the legal pack and surveys before bidding.
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