Summary - 118 LEIGH ROAD LEIGH WN7 1SL
2 bed 1 bath End of Terrace
Immediate rental income with clear refurbishment upside for value growth.
Tenant in situ producing £500 PCM (£6,000 pa)
Gross yield approx 6.7% at asking price
Requires modernization and cosmetic refurbishment
Leasehold tenure — check lease terms and charges
Gas central heating and double glazing present
Small front garden and enclosed rear courtyard
Located in very deprived area with strong renter demand
No mains/services tests; buyer should obtain survey verification
A two-bedroom end-terrace offered as a buy-to-let with a sitting tenant, producing £500 PCM. The property occupies an early 20th-century terrace with pebble-dash exterior and offers straightforward rental income from day one. Annual rent is £6,000, giving a gross yield of about 6.7% at the asking price of £89,950.
Accommodation is arranged over two floors: entrance hall, lounge, dining room and kitchen on the ground floor, with two bedrooms and a family bathroom above. The house benefits from gas central heating and double glazing. Outside there is a small garden to the front and an enclosed courtyard-style yard at the rear.
The house requires modernization and is being sold as a fixer-upper — evident in dated internal finishes and general cosmetic wear. The area is classified as very deprived with a high proportion of renters, which supports steady tenant demand but may concern buyers seeking capital-growth neighbourhoods. The tenure is leasehold; purchasers should verify lease terms and services, as no tests of mains or heating systems have been carried out.
This home will suit investors seeking immediate rental income and value-add potential through refurbishment. It’s practical for those comfortable managing a tenancy in a blue-collar, high-rental-demand area, and for buyers prepared to budget for updating and to confirm service conditions through a survey.
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