Let property with immediate income and short-term rent uplift potential.
Four bedrooms and four bathrooms across two 2-bed flats (as described)
This listing presents a buy-to-let opportunity in WF3 offering four bedrooms and four bathrooms, currently described as two separate 2-bedroom flats within one building. The property is let and already producing rental income, with room to increase gross rent from the current £15,120 to an estimated market level of around £18,000. A 103-year lease and no flood risk make ownership straightforward for an investor comfortable with a leasehold holding.
The building appears well maintained externally and benefits from driveway parking and a built-in garage. Broadband speeds are fast and mobile signal is excellent—practical positives for tenants. Local amenities including shops, bus links, a doctor and schools are nearby, and the area may appeal to renters working in local industry.
Important negatives are clear and factual: the property sits in a very deprived area with high recorded crime, which can affect tenant demand and insurance costs. It is leasehold with 103 years remaining. A refundable buyer’s premium may apply to secure the purchase — this is not an additional cost on completion but is refundable if the sale does not proceed. The listing references further investment detail in a Let Property Pack; buyers should review that pack and tenancy paperwork before offer.
This asset suits an investor or developer seeking a lettable mid-market addition to a portfolio who is experienced in managing tenant-occupied, urban properties. The current income and short-term uplift potential present a straightforward yield play, provided buyers accept the location-related risks and leasehold tenure.
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