Summary - 4 DAIRY CLOSE TIPTON DY4 8UN
2 bed 1 bath Terraced
Income-producing terrace with immediate rental returns for buy-to-let buyers.
- Freehold two-bedroom mid-terrace, approx 764 sq ft
- Long-term tenants in place, current gross income £10,800 pa
- Potential rent increase to c. £1,100 pcm (7.1% gross yield)
- Small front and rear private gardens, shared off-street parking
- Area: very deprived, above-average crime — affects demand
- Broadband fast and mobile signal excellent for tenants
- Buyer’s premium applies; Let Property Pack available
- Small plot and average-sized rooms, limited external space
A two-bedroom mid-terrace freehold in Tipton offered as a buy-to-let opportunity with long-term tenants in situ. It currently produces a gross rental income of £10,800 per year (approx £900 pcm) with potential to relet at around £1,100 pcm, improving the gross yield to an estimated 7.1%.
The house is a modest, modern-style red-brick terrace with standard ceiling heights, double glazing, a small front and rear garden and shared off-street parking. Broadband speeds are fast and mobile signal is excellent, making the property practical for tenants.
Material factors for purchasers: the property sits in a very deprived area with above-average crime statistics and is likely to attract investor or developer interest rather than owner-occupiers. Tenants have lived in the property for several years and indicate they intend to remain. A buyer’s premium will apply as part of the sale process; a Let Property Pack and tenancy details are available on request.
Suitable for investors seeking an income-producing addition, the house offers straightforward management and modest refurbishment potential to increase rent. Buyers should factor local area deprivation and crime levels into yield and exit plans.
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