Summary - 58, Boundary Road NR31 0JY
3 bed 1 bath Semi-Detached
Immediate rental income and rear parking close to town amenities.
Let producing £645 pcm (£7,740 pa) providing immediate rental income
Guide price £90,000–£110,000; sale by livestream auction on 22 Oct 2025
EPC C, gas central heating, double glazing; approx 81 sqm (872 sqft)
Off-street parking to rear and mainly lawned side/rear garden
Small plot; garden currently unkempt and may need basic maintenance
Property in very deprived area with above-average local crime
Tenant in situ; viewings arranged in conjunction with tenants
Buyer pays administration fee £1,200 and buyer’s premium £960 on exchange
A three-bedroom semi-detached house offered freehold and sold via livestream auction on 22 October 2025. Currently let on an assured shorthold tenancy at £645 pcm (£7,740 pa), the property presents immediately available rental income and a strong gross yield for the guide price band.
The house is modern in style, built around the 1970s, with double glazing, gas central heating and an EPC rating of C. Accommodation extends to about 81 sq m (approx. 872 sq ft) over two storeys: entrance hall, ground-floor WC, kitchen, lounge, first-floor bathroom and three bedrooms. A rear driveway provides off-street parking and there is a mainly lawned rear/side garden with a paved patio, although the outside needs basic maintenance.
Important purchase considerations: the property is in a very deprived neighbourhood with above-average local crime, and viewings are coordinated with tenants. Sale by auction includes an administration fee (£1,200 inc. VAT) and buyer’s premium (£960 inc. VAT) payable on exchange; check the legal pack for any additional disbursements. This is a straightforward let-in-place investment for a buyer prepared to accept area and tenancy factors.
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