Immediate rental income with refurbishment and portfolio potential.
Tenant in situ with long-term occupation and consistent payments
Annual gross rental income £8,400 against £115,000 guide price
Leasehold tenure — buyer to review lease terms and charges
Buyers Premium will apply to secure purchase
Modest front and rear private gardens, street parking available
Approx. 667 sq ft, two bedrooms, one bathroom, traditional Victorian layout
Area classed as very deprived; rental demand from social renters likely
Fast broadband and very low local crime, near bus links and local amenities
This two-bedroom mid-terraced property on Warrington Road is presented as a straightforward buy-to-let opportunity with an established long-term tenant in situ. The property produces a gross annual rental income of £8,400 against a guide price of £115,000, offering an immediate income stream for investors seeking yield and portfolio growth.
Accommodation is traditional and practical: two bedrooms, living room, kitchen, bathroom and modest gardens to front and rear. The house is of Victorian brick construction, average overall size (approximately 667 sq ft) and benefits from fast broadband and very low local crime. Street parking is available.
Important considerations: the property is leasehold and currently tenanted with tenants expressing intent to remain. A Buyers Premium will apply on sale. The wider area is described as very deprived with an endeavouring social-renter local profile, which may affect future rental growth and resale values. Viewing of the Let Property Pack is recommended for full tenancy and income details.
For investors comfortable with an occupied asset in a lower-value, high-demand rental area, this offers immediate cashflow and straightforward management. Developers or investors seeking refurbishment potential should note the standard Victorian layout and typical mid-terrace constraints.
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