Immediate rental income and refurbishment potential for portfolio buyers.
Four bedrooms and two bathrooms, tenant in situ
This four-bedroom mid-terrace in AB16 offers immediate rental income with a tenant in situ and current gross income of £13,800 per year. At the asking price of £140,000 the property produces around a 9.9% gross yield, making it a clear prospect for investors seeking cashflow.
The house is modest in size (approximately 904 sq ft) with private front and rear gardens, on-street parking, good mobile signal and fast broadband — practical features for renting. Interiors are straightforward and well presented in places (contemporary living room with laminate flooring), but the accommodation is compact and best suited to investors or buyers prepared to optimise space.
Location factors are material: the property sits in a hard-pressed, very deprived neighbourhood of mainly rented terraces. That profile supports steady tenant demand but also signals potential management, demand and resale considerations. Tenants are currently settled and have indicated they wish to remain, so vacant possession cannot be assumed.
This property suits a serious investor or developer looking for an income-producing addition to a portfolio, or someone targeting refurbishment and value-add. Buyers should allow for remedial updating and ongoing management given the area classification and the property’s modest scale.