Immediate income with refurbishment upside for cashflow-focused buyers.
Long-term tenant in situ, current gross income £9,600pa
Potential rental uplift to approx. £11,316pa at market rate
Leasehold tenure — buyer to confirm lease terms and charges
Average-sized rear garden; off-street parking available
Dated galley kitchen; requires updating to maximise value
Slow broadband speeds in the area may affect tenants
Located in a very deprived area — strong rental demand but resale risk
Buyers’ premium applies to secure purchase
A 3-bedroom semi-detached house on Drummers Lane offered as a buy-to-let with a long-term tenant in situ. The property provides immediate rental income (current gross £9,600pa) with uplift potential to around £11,316pa at market rent, making it a straightforward add-on for a portfolio.
Accommodation is conventional: lounge, galley kitchen, family bathroom and three bedrooms across two storeys, plus an average-sized rear garden and off-street parking. The exterior is brick-built with a modern appearance and a driveway for at least one vehicle.
Key negatives to note: the property is leasehold, broadband speeds are slow locally, and the kitchen is dated and narrow so some updating may be required. The area is classified as very deprived, which affects long-term resale dynamics but supports steady rental demand; a buyers’ premium applies to secure the purchase.
This listing is aimed at investors and developers seeking an income-producing asset with immediate cashflow. The existing reliable tenancy reduces vacancy risk, but purchasers should factor in refurbishment costs and leasehold/legal checks before committing.
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