Low-maintenance rental with near-term uplift potential and auction purchase route.
Tenanted three-bedroom mid-terrace, immediate rental income
A practical buy-to-let positioned a short walk from Stafford town centre and commuter links. The three-bedroom mid-terrace is offered freehold and already tenanted, delivering immediate rental income with scope to increase yield once rents are aligned with the local market.
At the advertised starting bid the property produces a current gross yield of about 5.95% from £545 pcm. Rent appears upliftable (tenant open to adjustment), giving an estimated yield nearer 8% if market rents are achieved. The layout includes two reception rooms, a compact kitchen, three bedrooms and a small rear garden — straightforward, low-maintenance accommodation aimed at landlords rather than owner-occupiers.
Buyers should note material considerations: the sale is via an online auction route with a non-refundable deposit on exchange and an additional reservation fee payable on completion, which increases purchase costs. The building is original solid-brick (likely uninsulated), there is a medium flooding risk for the area and local recorded crime rates are above average; these factors may affect insurance and long-term maintenance costs.
This lot suits an investor seeking an income-producing property with immediate cashflow and simple refurbishment potential. Review the legal pack and budget for auction fees, any necessary insulation or energy improvements, and flood/insurance implications before bidding.
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