Long-term tenants in place with potential to increase rent after refurbishment.
Long-term tenants in place producing £7,548 pa gross income
This two-bedroom semi-detached house on Crabtree Road is offered with long-term tenants in situ, producing an annual gross income of £7,548. The property is freehold, average-sized (883 sq ft) and presents a clear buy-to-let opportunity for investors seeking immediate rental returns. The current occupants wish to remain, so any purchase would be subject to an existing tenancy. A Buyers Premium applies to secure the sale.
Built in the early 20th century, the house retains period brickwork and decorative detailing but requires updating internally. Notable interior features include a compact living room with low ceiling, a three-piece bathroom and a basic kitchen — all suitable for modernisation to increase rental value. Outside there are private front and rear gardens and on-street parking; the plot is small and maintenance of boundary walls may be needed.
This location suits investors and developers aiming for steady income or value-add refurbishment. Be mindful of local factors: the area records higher-than-average crime and the property will attract enquiries specifically from serious investors. The Let Property Pack contains full tenancy documentation and income projections for due diligence.
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