**Standout Features:**
- Current auction price: £58,000
- Freehold with two tenanted flats, generating an annual yield of £8,796
- Ideal for investors looking for rental income
- Excellent mobile and fast broadband connectivity
- Located in a major conurbation near amenities and transport links
- Garage access for added convenience
**Property Overview:**
This mid-20th century terraced property presents a unique investment opportunity with two tenanted flats already providing reliable income. Ideally situated on the city's edge, the property is surrounded by an array of retail shops, local eateries, and easy access to public transport. The ground floor flat features a cozy lounge/bedroom, kitchen, and bathroom, while the first floor boasts a larger layout with two bedrooms, a lounge, and a bathroom.
While the property requires modernization, the solid brick construction and existing double glazing suggest that with some investment, it could become a charming income-generating asset. Potential buyers should be aware of the local area’s high crime rate and economic challenges, but the low council tax and the fantastic annual yield present strong financial incentives. Don't miss out on this compelling opportunity – properties like this, offering both investment potential and immediate rental income, are rare in today's market.
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