Auction sale with rental income — low-entry Victorian terraced investment opportunity..
- Currently tenanted at £450 pcm, generating immediate income
- Two double bedrooms and open-plan living with modern-style kitchen
- Victorian stone mid-terrace, built before 1900, period character
- Small enclosed front garden and private rear yard, gated access
- Sold at auction; freehold title and low purchase price (£50,000)
- Located in a deprived area with above-average crime rates
- Likely no wall insulation; some renovation and energy upgrades needed
- On-street parking only; plot size is small
A two-bedroom Victorian mid-terrace offering immediate rental income and clear upside through refurbishment. The property is sold at auction with an existing tenancy producing £450 pcm, making it attractive to buy-to-let investors or renovators seeking a low-entry point in Shield Row, Stanley.
Accommodation includes two double bedrooms, an open-plan living area and a modern-style kitchen, plus an enclosed front garden and private rear yard. The house is of traditional stone construction (pre-1900) with double glazing and gas central heating installed; room sizes are modest and the overall plot is small.
Notable positives are the current rental income, low asking price, proximity to local schools and amenities, and fast broadband. Material considerations include the property’s location in a relatively deprived area with above-average crime, likely limited insulation in original stone walls, unknown glazing install date, small plot size and on-street parking only. Sold at auction and offered freehold — suited to investors or buyers able to manage tenancy and carry refurbishment work.
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