Three-bed terraced investment with sitting tenant and off-street parking.
Freehold mid-terrace with three bedrooms and two reception rooms
A practical three-bedroom mid-terrace on South Street, offered freehold with a sitting tenant — ideal for investors seeking immediate rental income. The house provides two reception rooms, a fitted kitchen, one bathroom and a small enclosed rear courtyard with off-street parking to the front. Double glazing and external wall insulation help with running costs; mains gas boiler and radiators supply heating. Council tax is very cheap and there is no recorded flood risk.
The property is in a very deprived area with high local crime levels and a small plot, so it suits buyers focused on yield rather than owner-occupier amenity. The sitting tenant means the sale will not provide vacant possession; purchasers should be prepared to manage an existing tenancy. Constructed circa 1900–1929, the house retains traditional form and may need ongoing maintenance typical of its age.
For investors, the home’s location in Highfields offers access to local amenities and good transport links, plus immediate rental return. For renovators, there’s scope to improve interior condition and rental value; for owner-occupiers seeking long-term residence, factor in neighbourhood challenges and the current tenancy.
All statements reflect supplied property information. Buyers should commission surveys and tenancy checks to confirm condition, rental status and running costs prior to exchange.
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