Low-price three-bed with strong rental yield potential close to amenities.
Priced at £50,000 — excellent entry-level investment
A tidy mid-terrace in South Terrace offered at an entry-level price makes this a clear match for investors or first-time buyers seeking strong rental returns. The clean, well-cared-for interior requires cosmetic modernisation to unlock full market value and rental potential.
Estimated rental income of around £600 PCM suggests an approximate 14% gross yield at the asking price of £50,000. The property is freehold, arranged over two storeys with three good-sized bedrooms, one bathroom and about 775 sq ft — a straightforward layout that appeals to renters and simple to manage for a landlord.
Practical positives include fast broadband, excellent mobile signal and proximity to shops, schools and transport links. Notable drawbacks: the area shows very high crime levels and very high deprivation; the house does need renovation works to modern standards and rooms are generally small. These factors should be weighed against the low purchase price and strong rental demand.
This is best suited to buyers willing to budget for updating and to manage a let in a higher-risk neighbourhood. For an investor prepared to renovate thoughtfully and secure reliable tenants, the property offers compelling yield and long-term potential.
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