Summary - 5 ST JAMES STREET BRIERFIELD NELSON BB9 5JW
1 bed 1 bath End of Terrace
Low-price rental opportunity near shops, schools and transport links.
Long 999-year lease; ground rent £10 pa
Tenanted producing £360 PCM; tenant since 2021
Sold at auction — immediate deposit and fees required
No internal inspection; buy at own risk, consult legal pack
Traditional sandstone build; likely no wall insulation
EPC rating D; boiler and mains-gas heating present
Very deprived area and higher crime rate — affects lettings
Small rear yard overlooking church gardens
A one-bedroom end-terrace Victorian property offered as a tenanted investment in Brierfield, Nelson. The house sits on a long lease (999 years from 1864) with a low ground rent of £10 per annum and currently produces an income of £360 PCM from a tenant in situ since 2021. The compact layout (approx. 560 sq ft) includes living room, kitchen, bedroom and bathroom, plus a small rear yard overlooking church gardens.
This lot is being sold at auction with no internal inspection by the auctioneer; bidders must rely on the provided information and legal pack. The building is traditional sandstone/limestone construction with assumed no wall insulation and double glazing installed before 2002. Heating is by mains-gas boiler and radiators; the EPC is band D. The area is classified as very deprived with higher local crime levels, which is an important consideration for management and re-letting.
For investors the property offers entry-level purchase price and established rental income in a city/major town location close to shops, schools and public transport. The house will suit a hands-on buyer prepared for basic maintenance and potential improvements (insulation, modernisation) to increase rental value or resale appeal. Auction purchase rules apply — immediate deposit, fees and strict legal commitments on completion.
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