Let investment with immediate income and clear refurbishment potential.
Let at £850pcm producing roughly 8.2% gross yield
A three-bedroom Victorian terraced house offered as a freehold investment in Armley, currently let at £850pcm. The property sits within a compact 786 sq ft footprint and retains period brickwork and bay-window character, with practical updates including gas central heating and PVCu double glazing.
For investors seeking income, the current rent produces an approximate gross yield of about 8.2% at the asking price of £124,995. Broadband and mobile signal are strong, and the location is close to shops, frequent bus links and several state primary and secondary schools rated Good to Outstanding.
Important considerations: the home is a small, solid-brick terrace (built c.1900–1929) with assumed no cavity insulation and an Energy Performance Rating of E. The surrounding area is classified as very deprived with higher local crime levels; the house is best suited to buyers prepared to manage a tenancy and undertake targeted refurbishment to improve energy efficiency and long-term capital value.
Overall this is a straightforward buy-to-let for an investor seeking immediate rental income and scope to add value through insulation, internal modernisation and energy upgrades. It is not presented as a turnkey family home — it suits an investor or hands-on buyer aware of the local market challenges.
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