Income-producing two-bed freehold with long-term tenant and strong gross yield.
Long-term tenant in place generating £14,400 gross pa.
Approximate gross yield ~9.2% at asking price.
Freehold semi-detached with private front and rear gardens.
Off-street shared parking and decent corner plot size.
Area described as very deprived with high local crime.
Tenants do not intend to vacate; sold as an investment holding.
Fast broadband and excellent mobile signal—good for renters.
Buyers Premium applies; see Let Property Pack for details.
This 2-bedroom semi-detached freehold in LS10 is presented primarily as a buy-to-let opportunity with a long-term tenant in situ. The property produces a current gross annual income of £14,400, giving a strong headline gross yield (approximately 9.2% at the asking price). It includes private front and rear gardens, off-street shared parking, and standard mid-20th century brick construction.
The house sits in a densely populated urban area with fast broadband and excellent mobile signal—features that support rental demand. Nearby primary and secondary schools have good Ofsted ratings, and local amenities (shops, takeaways, bus stops, leisure) are within easy reach. The location is described as a hard-pressed neighbourhood with high local crime levels and very high area deprivation, which will influence tenant profile and management considerations.
For investors, the long-standing tenants and steady income reduce immediate void risk, while the property’s size (c.857 sq ft) and plot provide straightforward refurbishment or portfolio-hold options. There is noted interest from serious investors and developers; a Let Property Pack is available for detailed investment metrics. Be aware a Buyers Premium applies to secure purchase.
Material drawbacks are factual and important: the wider area is very deprived with high crime rates, which can affect capital growth and insurance costs. The current tenancy prevents vacant possession; tenants do not intend to leave. Any purchaser should carry out full due diligence on tenancy terms, local market comparables, and consider management or refurbishment budgets.
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