Affordable income property with immediate tenancy and upgrade potential.
Tenant in situ achieving £550pcm providing immediate rental income
Freehold Victorian mid-terrace with gas central heating and uPVC glazing
Compact footprint — approx. 531 sq ft, two small bedrooms
Requires cosmetic modernisation; potential damp and low natural light
Very small forecourt and rear courtyard; limited outdoor space
Medium flood risk; area records very high crime levels
Located close to city centre, good broadband and mobile signal
Council tax band very cheap, lower running costs for tenants
This compact mid-terraced Victorian property is presented with a tenant in situ, currently achieving £550pcm, offering an immediate rental income for buyers seeking a straightforward buy-to-let. The house has practical basics in place — gas central heating, uPVC double glazing and a freehold title — reducing immediate running or ownership complexity.
Internally the layout is traditional and efficient: a bay-fronted lounge, rear dining kitchen and small bathroom on the ground floor, with two modest bedrooms above. The footprint and room sizes are small (approximately 531 sq ft), so the accommodation suits single occupants, couples or investors targeting affordable city rentals rather than family living.
The property sits in a convenient inner-city location with fast broadband and good mobile signal, close to schools and local amenities. At asking price, there is potential to increase rental value or resale appeal through modest modernisation of the kitchen, bathroom and decorative finishes.
Buyers should note material negatives: the area records very high crime levels and very high deprivation, and the property has a medium flood risk. The terrace is narrow with a very small plot and limited outdoor space. Living areas show low natural light and there is potential for damp — any purchaser should factor in repair, maintenance and local market sensitivities when assessing yield or long-term capital growth.
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