Turn-key rental income with refurbishment upside in a central location.
Currently let as four ensuite rooms producing £23,760pa
A four-bedroom mid-terrace offered to auction with established HMO rental income. Currently set up as four lettable rooms each with ensuite, the property produces £23,760 per annum and benefits from double glazing, gas central heating and an EPC rating of C. A five-year selective licence is held from 2024, making this a turn-key income asset for purchasers seeking immediate rent roll.
The house is traditional Victorian stock with small rooms, solid brick walls (likely uninsulated) and a compact rear yard rather than a garden or driveway. Accommodation is arranged over two storeys with a communal kitchen and lounge plus four ensuite letting rooms. Council Tax Band A and cheap local charges help running costs.
The area shows higher crime and very high deprivation indicators; local demand is driven by rental need rather than owner-occupation. The property will be sold at public auction on 23 October 2025 with a guide price of £120,000+, so buyers should inspect title, licence conditions and HMO compliance before bidding. Some modernisation and yard repairs are required, presenting refurbishment upside for investors comfortable working in a challenging neighbourhood.
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