Chain-free tenanted mid-terrace with recent boiler and immediate rental income.
Three bedrooms plus loft room — additional flexible space
A straightforward buy-to-let in Blackhall Colliery, this three-bedroom mid-terrace plus loft room is offered with a sitting tenant and immediate rental income. The property is freehold, chain-free and has a recently fitted combi boiler (installed February 2025), keeping running costs predictable for a landlord. Current rent is £477pcm, giving an indicative gross yield around 9% at the asking price.
Accommodation comprises lounge, kitchen, family bathroom, three first-floor bedrooms, an additional shower room upstairs and a loft room. Externally there is a grassed front garden and an enclosed rear yard. The house dates from the late 1960s/early 1970s and presents solid basic accommodation with potential for cosmetic updating to increase long-term rent or sale value.
Location is a coastal village setting with local primary and secondary schools rated Good, basic amenities and bus links close by. Note the wider area is classified as very deprived with endeavouring social-renter neighbourhoods; this can affect long-term capital growth and tenant profiles. Council Tax Band A and low running costs are positives for lettings.
This is best suited to investors seeking an income-producing property with minimal immediate work required to heating and services. Viewings will be subject to the sitting tenancy and any offer should take account of the local market and potential refurbishment needs to boost future returns.