Four-bedroom terrace with loft room and immediate rental income — refurbishment required.
Approximately £9,000 pa rental income (AST)
This Victorian mid-terrace offers clear buy-to-let appeal with immediate rental income and scope to add value. Currently producing about £9,000 per year under an Assured Shorthold Tenancy, the property is a straightforward income asset for an investor or a landlord expanding a portfolio.
The house provides flexible accommodation: two reception rooms, a fitted kitchen, utility, a ground-floor office/hobby room, four bedrooms plus a converted loft room, a family bathroom and an en-suite. The small front garden and standard ceiling heights reflect the period character and typical mid-terrace proportions.
The property requires renovation throughout — the kitchen and general finishes are dated and modernisation is needed to unlock stronger rents or owner-occupier comfort. The area is classified as very deprived with high local crime rates and limited aspirational prospects, which will affect tenant profiles and capital growth potential.
Practical strengths include freehold tenure, cheap council tax, excellent mobile signal and fast broadband — useful for letting to working tenants. Investors should weigh the modest purchase price and rental yield against the costs of refurbishment and the local market constraints.
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