Three-let freehold offering immediate rental income and refurbishment upside.
- Portfolio of three flats above retail, freehold
- Current gross annual income £28,800 with tenants in situ
- Small total internal area (approx 348 sq ft overall)
- Suitable for buy‑to‑let or refurbishment and reconfiguration
- No private garden or off‑street parking evident
- Located in a very deprived area with very high crime
- Traditional Victorian brick façade; external restoration likely
- Buyer’s premium applies to complete the purchase
A compact freehold portfolio of three flats above a shop on North Road, offered with long‑term tenants in situ and producing a current gross income of £28,800. The location benefits from strong transport links and town‑centre footfall, supporting steady rental demand for small units.
The buildings are traditional red‑brick Victorian terrace stock with sash windows and a separate rear access. Internal layouts are small and overall size is limited (total 348 sq ft noted), so the assets suit buy‑to‑let investors seeking immediate income rather than families needing generous living space.
Important considerations: the area is classified as very deprived with a very high local crime rate and a transitional, constrained rental market. There is no evidence of private outdoor space or off‑street parking. External photos suggest the block would benefit from restoration and a full inspection is recommended to confirm internal condition and service details.
This is a straightforward income play for investors or developers able to manage town‑centre stock and the local letting profile. A Let Property Pack is available for detailed rent rolls and tenancy information; note a buyer’s premium applies to complete the sale.
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