Income-producing terraced house with tenant in place — suited to buy-to-let investors..
- Long-term tenant in situ, producing £9,000 gross pa
- Gross yield approx. 5.5% at asking price
- Three bedrooms, one bathroom; traditional layout
- Pebble-dash mid-20th-century terrace with bay window
- Small front and rear gardens; low external maintenance overall
- Exterior shows basic maintenance needed; some updating advised
- On-street parking only; small plot size
- Buyers Premium applies to secure purchase
A three-bedroom mid-terrace in New Hartley offered with a long-term tenant in place — a straightforward addition for a buy-to-let portfolio. The property currently produces a gross annual income of £9,000, giving a gross yield of about 5.5% based on the asking price of £163,000. Tenants have occupied the house for several years and have indicated they wish to remain, offering immediate income and low vacancy risk for a new owner.
The house is a traditional mid-20th-century terrace with pebble-dash exterior, bay window and a small front and rear garden. Interiors are functional with a lounge, kitchen, bathroom and three bedrooms across standard-height rooms. The immediate area has good local amenities and several well-rated schools nearby, supporting continued rental demand from families and working tenants.
Notable positives include fast broadband, on-street parking and a compact plot that keeps external maintenance manageable. However, the exterior shows signs of basic maintenance needs and the accommodation is typical in size and finish — suitable for income investors but likely to require cosmetic updating to increase rent or resale value. A Buyers Premium will apply to secure purchase; full investment particulars are available in the Let Property Pack.
This listing suits an investor seeking an income-producing property with minimal initial management disruption. Developers and serious investors might also consider small refurbishment to push rental value or cater to owner-occupiers in future, but be aware the property is sold with a tenant and requires some external upkeep.
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