Sold with tenant paying £750 pcm (£9,000 pa)
Offered for online auction with a sitting tenant, this compact period property presents a clear rental income from day one. The tenant currently pays £750 pcm (£9,000 pa), making it attractive to buy-to-let investors seeking immediate yield. Gas central heating and double glazing are already in place, reducing short-term capital expenditure.
The location benefits from excellent road and public transport links, close to Junction 10 of the M65 and local bus services. Nearby schools (several rated Good) and local amenities add to tenant appeal. The advertised guide price is £25,000–£50,000; buyers should review the legal pack and check the auction website for lot updates and fees before bidding.
Be clear about the material drawbacks: the property sits in a very deprived area with a high local crime rate and will need cosmetic work and likely further renovation — photos show dated carpets and worn decoration. Tenure details are not provided in the summary; confirm legal title and tenancy terms in the pack. Auction sale means buyer premiums and conditional timescales apply.
For investors who accept the location and refurbishment requirement, this is a low-entry-cost rental opportunity with immediate income. For owner-occupiers, the property would need refurbishment and careful consideration of local area challenges before purchase.
