Ready-made rental with renovation potential in an established Port Tennant street.
Freehold three-bedroom Victorian mid-terrace with bay windows
Currently let at £800 pcm — immediate rental income
Requires modernisation throughout to maximise value
Paved rear garden, shed and rear lane access
EPC C; up-to-date gas and electrical certificates in legal pack
Sold at online auction — holding fee, 10% deposit and quick completion
Located in a very deprived area with higher crime levels
Small overall size; limited plot and modest room sizes
A three-bedroom Victorian mid-terrace offered freehold and sold via online auction, this property provides immediate rental income with a tenant in situ at £800 pcm. The layout is practical — a through living/dining room, kitchen and first-floor bathroom — and the house retains period features such as bay windows, while requiring updating throughout.
For investors the appeal is clear: instant cashflow, an EPC C and up-to-date gas and electrical certificates in the legal pack reduce initial compliance work. The paved rear garden, shed and lane access are low-maintenance external assets that suit a rental strategy.
Buyers should factor in the location and condition: the area is very deprived with higher-than-average crime, and the interior needs modernisation to maximise rental value. The property is sold at auction with a holding fee to bid, a 10% deposit on exchange and a potential buyer’s premium if sold pre-auction — allow for tight timescales on exchange and completion.
Overall this is a straightforward acquisition for a hands-on investor or landlord prepared to manage refurbishment and local letting dynamics. Legal and inspection checks are recommended before bidding; the legal pack contains certificates and further detail.
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