Freehold building comprising two self-contained apartments, both tenanted
Described modern fitted kitchens and bathrooms throughout
Gas central heating; low-maintenance Victorian red-brick exterior
Immediate rental income — ready-made investment at asking price £170,000
Compact room sizes; some internal stairs and cellar access to manage
Local area classified as very deprived / hampered neighbourhoods
Wider area described as hard-pressed ethnic mix — may affect demand
No flood risk; very low crime; very cheap council tax
This freehold property on Belmont Street comprises two self-contained apartments offered as a ready-made income stream. Both flats are currently tenanted and described as having modern fitted kitchens and bathrooms, gas central heating and standard ceiling heights. The ground-floor one-bedroom includes lounge, fitted kitchen, bathroom and cellar access; the first-floor two-bedroom has a private rear entrance and internal stairs to a double bedroom.
The building suits an investor seeking immediate rental returns in a major conurbation with good local amenities and commuter links. Council tax is very low and there is no flood risk. The property's Victorian red-brick terrace façade offers period character externally while interiors are generally modern and low-maintenance.
Buyers should note important contextual drawbacks: the wider area is classified as hard-pressed with very deprived local area indicators and described as a hampered neighbourhood. These factors can affect tenant profiles, demand mix and resale value. The apartments are compact in size; internal stair access to the first-floor bedroom and cellar access may require management oversight and periodic maintenance.
Overall this is a practical investment for someone targeting a hands-on landlord role or a portfolio buyer wanting immediate rental income from two tenanted units. The combination of freehold ownership, low running costs and proximity to shops, transport and schools supports ongoing lettability, while area deprivation warrants a cautious, long-term view on capital growth.
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