Long-term tenants deliver steady income and scope for value uplift through updating.
Long-term tenants in situ, producing £9,600pa gross rental income
A three-bedroom, freehold end terrace on Runcorn Road offered with long-term tenants in place. The property generates an annual gross income of £9,600, providing immediate cashflow and appeal to buy-to-let buyers or portfolio acquirers. Its 1,130 sq ft layout includes three bedrooms, two bathrooms, and a private rear garden.
The house retains period character externally and a mid-century styled living room internally but requires updating throughout. The exterior shows a dated Victorian terrace appearance and the property will benefit from modernization to lift rental value and capital worth. On-street parking and a small plot restrict scope for large extensions.
Practical strengths include freehold tenure, no flood risk, good mobile signal and fast broadband which support tenant demand. Current occupants wish to stay, so purchasers should be prepared to take on the existing tenancy. A buyers’ premium applies on sale; review the Let Property Pack for full tenancy and investment details before offer.