Summary - 16, Kirkley Run NR33 0NJ
3 bed 1 bath Terraced
Ready-made income stream with garden and refurbishment potential.
• Three bedrooms with lounge and separate dining area
• Generously sized rear garden and decent plot
• Tenant in situ; rent reported between £750–£825 PCM
• Freehold, terrace built circa 1930–1949
• Compact overall size (~539 sq ft); efficient layout
• Requires internal modernisation and likely insulation work
• Single bathroom only; refurbishment needed to add value
• Area classified as deprived; mixed school performance
Perfect for an investor seeking an immediate income stream, this three-bedroom Victorian terrace on Kirkley Run is sold freehold with a tenant in situ. The property offers a generous lounge and separate dining area, a good-sized kitchen and a large rear garden — practical features that appeal to long-term renters. Broadband and mobile signal are strong, and flood risk is low.
The house retains period character to the exterior and offers scope to increase value through modernisation inside. At about 539 sq ft, accommodation is compact but well laid out: two double bedrooms plus a versatile third room off the rear bedroom. The garden and overall plot are larger than many nearby terraces, useful for tenants or future owners who want outside space.
Notable issues are straightforward: the home needs updating throughout and cavity walls appear to lack insulation (as built). Internal fixtures and finishes will benefit from refurbishment and there is only one bathroom. The wider area is relatively deprived, which can affect long-term uplift, and local schools vary in Ofsted results.
Financially this is presented as an investment opportunity. A tenant occupies the property and rent is reported between £750 and £825 PCM in supplied details, providing immediate income but limiting vacant possession options. Buyers should allow budget for interior refurbishment, potential insulation works and usual maintenance on an older mid-20th-century terrace.
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