Three-bedroom investment opportunity with tenant in place and long lease in L20..
Three bedrooms, traditional Victorian mid-terrace layout
Tenant in situ paying £725pcm — approximate 7.9% gross yield
Leasehold with 867 years remaining
Approx 765 sq ft — overall size described as small
Kitchen modern but requires attention and possible updating
Solid brick with external insulation; double glazing (install date unknown)
Sunny rear courtyard; on-street parking only
Local area: very deprived, above-average crime — consider rental risk
A three-bedroom mid-terrace with period character and practical footprint, offered with a sitting tenant paying £725pcm (approx. 7.9% gross yield). The house has bay windows, solid brick construction with external insulation, double glazing and an EPC rating of C. Tenure is leasehold with 867 years remaining.
Internally the layout is traditional: entrance hall, lounge, sitting/dining room and kitchen/breakfast room on the ground floor, three bedrooms and a single bathroom above. The contemporary-style kitchen shows modern fittings but needs some attention. Total floor area is modest at about 765 sq ft, suitable for rental or a small-family home.
Externally there is a sunny rear courtyard and on-street parking to the front. Local amenities, schools and public transport are within walking distance, and broadband and mobile signal are reported as strong. Council tax band is very low, which helps running costs.
Buyers should note material negatives: the property is in a very deprived area with above-average recorded crime, and the immediate neighbourhood classification indicates social and economic challenge. The property is sold with the tenant in situ, so vacant possession is not guaranteed. Some interior works are likely required to maximise long-term value.
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