Two compact investment units with immediate rental potential at auction.
Two self-contained one-bedroom flats in one freehold mid-terrace building
Recently refurbished throughout; new carpets, fixtures and fittings
Vacant possession offered; potential combined rental income shown (not guaranteed)
Ground flat includes bay lounge and good-sized rear yard with outhouse
Each flat has independent gas central heating; double glazing throughout
Electric metro prepay meters feed to landlord supply — review billing arrangements
Small overall size (approx. 593 sq ft); modest room sizes throughout
Local area: very high crime and very deprived — affects rental/resale demand
Two self-contained one-bedroom flats arranged over a mid-terraced building, offered freehold and sold at auction. The property has been recently refurbished with new carpets, fixtures and fittings, double glazing and independent gas central heating for each flat. Both flats are being offered with vacant possession but could produce immediate rental income if let.
This is a compact, city-centre investment suited to a landlord looking for a low-entry lot. The ground-floor flat has a bay-windowed lounge and a good-sized rear yard with an outhouse; the first-floor flat benefits from a dual-aspect lounge and a skylight on the landing. Combined floor area is small (approx. 593 sq ft), so expect modest room sizes and straightforward management.
Important practical points for buyers: the local area records very high crime and very high deprivation levels, and electric supplies use metro prepay meters tied to the landlord’s supply. The property will be sold at auction, so completion times and buyer fees apply. Council tax band is low and there is no flood risk.
For an investor prepared to operate in a challenged area, this freehold pair offers a low-cost entry with recent cosmetic refurbishment, separate heating systems and clear rental comparables. For more cautious buyers, the neighbourhood profile and meter arrangements are material considerations.
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