Immediate rental income from two tenant-occupied one-bed flats.
Two self-contained one-bedroom flats with tenants in situ
Approximate combined gross yield of around 8% (immediate income)
Victorian mid-terrace with high ceilings and bay window (period character)
Requires cosmetic modernisation to kitchens, flooring and finishes
Original sandstone walls likely uninsulated (energy upgrade likely needed)
Small plot in a student-oriented, very deprived area with above-average crime
Double glazing present (install date unknown); mains gas boiler heating
Freehold tenure; council tax band noted as cheap
This freehold mid-terrace building on Brynymor Road comprises two self-contained one-bedroom flats, sold with tenants in situ and producing an approximate combined 8% gross yield. The properties offer immediate rental income and suit buyers seeking a straightforward investment or a landlord expanding a portfolio.
Both flats retain period character — high ceilings and a bay window — combined with practical, modernised bathrooms and basic fitted kitchens. Interiors are generally tidy but dated; each flat will benefit from cosmetic updating to kitchen fittings, flooring and finishes to maximise long-term rental value.
Important practical points: the building dates from c.1900–1929 and the walls are original sandstone/limestone with assumed no insulation, double glazing installed but age unknown, and heating is mains-gas boiler and radiators. The plot is small and located in a cosmopolitan, student-oriented neighbourhood where crime rates are above average and the wider area is classed as very deprived.
These flats are best suited to investor buyers comfortable managing tenancies in a city-centre, student-dominated area. The current tenants reduce void risk and give immediate yield, but prospective purchasers should budget for periodic maintenance, possible energy-efficiency upgrades, and factor in local area challenges when assessing long-term capital growth.