Auction-sale investment with tenant in place and clear refurbishment potential..
- Tenant in situ producing £650pcm (immediate rental income)
- Sold by Modern Method of Auction; buyer fees and reserve apply
- Three bedrooms, separate reception room, one bathroom
- Needs renovation throughout; refurbishment opportunity
- Freehold with decent plot and garden space
- EPC C, mains gas boiler and radiators in place
- High local crime and very deprived area classification
- Council tax band very cheap; broadband fast, mobile signal excellent
Offered by modern auction with a tenant in situ achieving £650pcm, this three-bedroom semi-detached house in South Kirkby presents a clear buy-to-let or renovation opportunity. The freehold property sits on a decent plot with a garden and provides immediate income while you plan improvements.
The layout is traditional and straightforward: separate reception room, kitchen, three bedrooms and a three-piece bathroom. The building is double-glazed with mains gas central heating and an EPC reported as C, but the property needs renovation throughout — ideal for investors looking to add value through refurbishment.
Important considerations: the area is classified as very deprived with higher-than-average crime levels and local social-renter demographics. The sale is by the Modern Method of Auction, subject to a reserve price and buyer’s fees, so purchasers should factor those costs and the auction process into their plans.
For an investor seeking immediate rental income and upside from refurbishment, this property offers a budget entry (£80,000 price shown, guide from auction advertising at £90,000) and straightforward scope for improvement. For buyers prioritising low-crime or low-deprivation neighbourhoods, this location may not suit without planned interventions.
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