Freehold two-bed terrace with strong rental yield potential in L15, suited to buy-to-let investors..
- Two double bedrooms, bay-fronted Victorian terrace
- Freehold tenure with small enclosed rear yard
- Modern kitchen; three-piece first-floor bathroom
- Estimated rent ~£750pcm; approx 9% gross yield
- Small internal rooms and very small plot size
- On-street parking only; no off-street parking
- Located in high-crime, very deprived neighbourhood
- Requires minor cosmetic updating; no major works noted
A freehold mid-terraced Victorian bay-front property arranged over two storeys, offered primarily for the investment market. The house contains two double bedrooms, a lounge-diner with bay window, a separate modern kitchen and a three-piece first-floor bathroom. Interiors are neutrally presented and tidy, with evidence of recent decoration and carpet replacement. Internal space is modest but practical for rental demand.
Estimated rental income is shown at about £750pcm (around a 9% gross yield at asking price), making this an attractive buy-to-let proposition for investors targeting Private Renting new arrivals and the local rental market. Broadband and mobile signals are strong, and the property is close to local shops, parks and public transport links.
Buyers should note material negatives: the neighbourhood records high crime levels and the wider area is very deprived, which can affect tenant profile and long-term capital growth. The plot and external areas are very small and parking is on-street only. Condition appears to need only minor cosmetic updating rather than major structural work, but investors should budget for routine refurbishment and tenant-ready finishes.
Overall this property suits investors seeking a compact, let-ready Victorian terrace with immediate rental potential. It could also appeal to first-time buyers on a tight budget prepared to accept a small footprint and an urban location with higher local risk factors.
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