Two-bed Victorian terrace with immediate rental income and scope for energy upgrades..
Current rent £700pcm / £8,400pa (tenant since Aug 2024) • Guide price £100,000 (~8.4% gross yield)
Two double bedrooms, two reception rooms and rear yard
Leasehold tenure — check unexpired term and service charges
Located in a very deprived area with high local crime rates
Solid brick walls assumed no insulation — energy upgrade likely needed
EPC rating D; running costs and efficiency may be above average
Compact overall size (612 sq ft) — small footprint, lower maintenance
Council tax very cheap but resale demand may be limited
This Victorian mid-terrace offers an immediate rental income with a sitting tenant since August 2024, producing £700pcm (£8,400pa). At a £100,000 guide price the property delivers a gross yield of about 8.4%, making it attractive to investors seeking near-term cash flow from a compact two-bedroom home.
The house is a traditional two-storey terrace (circa 1900–1929) with period features such as a bay window. Accommodation includes two double bedrooms, two reception rooms, a downstairs bathroom and a rear yard. The property is solid brick construction with double glazing and gas central heating via boiler and radiators.
Buyers should note material drawbacks plainly: the property is leasehold, located in a very deprived area with high local crime rates, and the building has solid brick walls assumed to have no insulation. EPC is D. These factors affect long-term running costs, tenant turnover risk and resale prospects, and may necessitate energy-efficiency upgrades or targeted maintenance works.
Overall this is a turn-key investment for a buyer prioritising rental income and yield over immediate capital growth. There is straightforward potential to increase value with insulation, decorative and systems upgrades, but purchasers should budget for retrofit works and factor local area risks into their investment decision.
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