Long-term tenant in place with immediate rental income.
Freehold mid-terrace, three bedrooms, two bathrooms
A three-bedroom mid-terrace offered freehold with private rear garden and shared off-street parking, currently let to long-standing tenants. The property totals about 1,292 sq ft over multiple storeys and includes two bathrooms, making it a practical addition to a buy-to-let portfolio. Broadband speeds are fast and mobile signal is excellent; there is no flood risk and local crime levels are low.
This is presented as an investment with an annual gross income of £7,800, equating to an approximate gross yield of 4.6% at the asking price of £168,000. The existing tenants are long-term and intend to remain, so the sale will suit investors seeking immediate rental income and minimal vacancy risk. A Let Property Pack is available with further tenancy details.
Internally the accommodation appears largely well kept but images note areas of wear: light fixtures, paint issues and some damp/decoration defects that will require attention. The property offers straightforward scope for cosmetic refurbishment to improve rents and capital value, but budget for basic redecoration and damp inspection/repairs should be included when assessing returns.
Buyers should note a Buyers Premium will apply to secure the purchase. The wider area shows signs of deprivation, which can affect long‑term capital growth prospects; however steady rental demand in this sector may offset that for yield-focused purchasers. Further on-site inspection, up-to-date EPC and the full tenancy pack are recommended before offer.
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