Turn-key three-bed terraced investment with established rent and scope to improve energy efficiency.
Currently tenanted since Sept 2020, income £675 pcm (£8,100 pa)
Approximate gross yield about 8.1% at asking price £100,000
Victorian mid-terrace with bay window and period features
Solid brick walls with no assumed insulation (improvement needed)
Double glazing installed before 2002; EPC rating D
Leasehold — verify term, charges and restrictions
Located in a very deprived area; crime rates above average
Fast broadband and excellent mobile signal; rear yard included
A three-bedroom Victorian mid-terrace offered at £100,000 and currently let since September 2020. The property provides a turn-key income stream of £675 pcm (£8,100 pa), representing an approximate gross yield of 8.1%. Its bay-fronted living room, through lounge/diner and rear yard offer straightforward rental appeal in a compact, traditional layout.
Constructed circa early 20th century with solid brick walls and original period features, the house benefits from mains gas central heating, an upstairs bathroom and double glazing installed before 2002. Broadband speeds are reported as fast and mobile signal is excellent—practical assets for lettings and modern tenants.
Notable negatives are factual: the property is leasehold (verify remaining term and service charges), sits in a very deprived area with above-average crime rates, and the fabric likely lacks cavity insulation (solid brick as built). The glazing is older and the EPC is D, so buyers should expect some energy-efficiency and maintenance investment.
This will suit buy-to-let investors seeking immediate rental income or a small refurbishment project to improve EPC and tenant appeal. Owner-occupiers should note the local area classification and check leasehold terms and any management obligations before committing.
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