Immediate rental income with refurbishment upside in St Helens.
Long-term tenant in situ, producing £6,240 gross pa
Freehold three-bedroom mid-terrace, approx. 958 sqft
Small gated forecourt; no substantial private rear garden noted
On-street parking directly outside the property
Area shows above-average crime and higher deprivation
Requires updating/refurbishment to maximise rental value
Buyers Premium will apply on purchase
Likely to attract investor and developer enquiries
A compact three-bedroom Victorian mid-terrace on Lugsmore Lane offered as a buy-to-let opportunity. The property is freehold, currently let to long-term tenants producing a gross annual income of £6,240, and sits in an established urban neighbourhood with good transport links and local amenities.
The house features a small gated forecourt, traditional brick frontage and on-street parking. Internal space is average for a terrace of this type (approximately 958 sqft total) and the home will suit investors seeking an immediate rental return. The current tenancy is stable and the tenants have indicated an intention to remain, so the purchase will likely be for an investor wanting income from day one.
Buyers should note material considerations: the area records above-average crime and higher deprivation levels, the plot and private outdoor space are small, and the property is presented as needing some updating to maximise rental value. A Buyers Premium will apply to secure the sale. Interested investors should review the Let Property Pack and carry out their own inspection and comparable rental analysis before bidding.
Overall this is a straightforward, lower-cost entry for portfolio expansion — suitable for investors or developers prepared to manage an occupied let and to invest to raise rental yield or reconfigure for higher value.