Chain-free auction sale with strong yield potential for investors or first buyers.
Freehold end-of-terrace, approx. 754 sq ft, large front reception room
Sold at auction — secure sales method, no upward chain
Potential rental yield reported 10.4%–14.3% (figures provided)
Two double bedrooms with compact, traditional layout
EPC rating D; mains gas boiler and radiators in place
Solid brick walls assumed uninsulated; energy improvements likely
Situated in very deprived area with high local crime rates
Small plot and modest outdoor space; limited garden/yard size
This two-bedroom end-of-terrace on Schofield Street is a compact, traditional Victorian property offered freehold and sold at auction. The house presents straightforward accommodation across approximately 754 sq ft with a large front reception, open-plan kitchen/living area and a private rear yard. Heating is mains gas with a boiler and radiators; windows are double glazed though installation date is unknown. EPC rating D.
The property is promoted as a strong investment prospect — materials supplied give potential rental yields (figures provided) of around 10.4% up to 14.3%. Chain-free sale and an auction sales method suit buyers who want a quick, clear purchase process. Internal condition appears broadly modern-standard in fitted rooms, though the solid brick walls are assumed uninsulated and the house will suit buyers planning minor upgrades or targeted refurbishment to boost value and comfort.
Buyers should weigh location factors: the address sits in a very deprived area with high local crime rates and constrained local aspiration, which can affect long-term resale and tenant demand. Local amenities and good broadband/mobile signals are positives, and nearby primary and secondary schools mostly hold Good Ofsted ratings. This home is best suited to investors seeking yield or first-time buyers comfortable with modest living space and patch-up or energy-improvement work.
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