Summary - 12 WEATHERILL STREET GOOLE DN14 6EN
3 bed 1 bath Terraced
Immediate income 15+ year tenant, 7.6% gross yield — investor-ready with uplift potential.
Immediate rental income from completion with a 15+ year tenant in situ
Current gross yield approximately 7.6% with potential to increase rents
Freehold, three bedrooms, one bathroom, around 818 sq ft
Well-maintained by long-term tenant; minimal immediate outlay reported
Area classified as deprived with high local crime rates
Small plot size; limited outdoor space and extension potential
Solid brick walls likely uninsulated — energy upgrades may be needed
Excellent transport links and fast broadband support rental demand
A three-bedroom mid-terrace in Goole offered with a 15+ year tenant already in place, providing immediate rental income from completion. The property is freehold, occupies an average-sized interior (approx. 818 sq ft) and currently produces a 7.6% gross yield with scope to increase rental levels.
The house is a Victorian-built terrace (circa 1900–1929) in generally well-maintained condition thanks to a long-term occupant, so initial capital expenditure appears limited. It benefits from double glazing, mains gas central heating and fast broadband — practical features for rental demand. Excellent local transport links and nearby conveniences support tenant retention.
Important considerations: the area is classed as deprived with high local crime rates, and the plot is small. The property’s solid brick walls are assumed uninsulated, so energy efficiency upgrades may be necessary to reduce running costs and improve marketability. While the tenant wishes to remain, that limits immediate refurbishment opportunities without agreement.
For investors seeking predictable cash flow, this property offers low management overheads due to tenant stability, immediate returns and potential rental uplift. Buyers should factor in the neighbourhood profile, possible energy-efficiency improvements, and any planned modernization if pursuing long-term capital growth.
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