Ready-made two-bed investment with tenants and immediate rental income.
Tenants in situ — immediate rental income £1,100 pcm
Freehold mid-terrace built c.1996–2002
Two bedrooms and two bathrooms including ground-floor WC
Off-street parking directly in front
Low-maintenance garden with deck and gravel areas
Medium flood risk for the area
Small plot — limited extension potential
Fast broadband, excellent mobile signal; low local crime
A practical, income-producing terraced house in Ottery St. Mary, offered freehold with tenants in situ and immediate rental income of £1,100 pcm. The property was built c.1996–2002 and presents as a modern, mid-terrace home with two bedrooms, two bathrooms (including a convenient ground-floor WC) and a medium-sized living room that opens to the garden via sliding doors.
The house benefits from off-street parking, a low-maintenance garden with decked and gravelled areas, fast broadband and excellent mobile signal — features that support steady tenancy. Local amenities, good and outstanding schools and low local crime make this a straightforward lettable home in a small-town setting.
Buyers should note material facts: tenants occupy the property (vacant possession not guaranteed) and the site sits in a medium flood-risk area. The construction is timber-frame (assumed insulated) and glazing is double; neither has a confirmed install date. Council tax is described as cheap and the property sits on a small plot, which limits scope for extension.
This is well-suited to landlords seeking a turnkey addition to a portfolio: immediate income and minimal tenant-facing maintenance, balanced against the medium flood risk and the practical limitations of plot size and tenant occupation.