Summary - 63 SCHOFIELD STREET MEXBOROUGH S64 9NJ
2 bed 1 bath Terraced
High-yield rental in central Mexborough, recently refurbished and income-producing.
Tenant in situ generating £700 pcm
This mid-terrace two-bedroom house is offered freehold with a sitting tenant, producing £700 per calendar month. At the asking price this delivers a high gross yield for buyers seeking immediate rental income. Recent internal refurbishment gives the property a contemporary look that should help minimise short-term maintenance and re-letting work.
Accommodation is compact: an entrance reception room, fitted kitchen, two first-floor bedrooms and a bathroom. Room sizes and plot are modest, making the house well suited to buy-to-let portfolios, first-time landlords or investors targeting affordable rental stock close to Mexborough town centre and transport links.
Buyers should note material negatives plainly: the area scores as very deprived with high local crime levels, and the terrace dates from c.1900–1929 with solid brick walls likely without cavity insulation. The small rear yard limits outdoor amenity and the property sits in Council Tax band A (very low council tax). These factors affect tenant mix, rental demand and longer-term capital growth potential.
Overall, the property’s strengths are immediate rental income, recent cosmetic refurbishment and low entry price. Its drawbacks — neighbourhood deprivation, higher crime and limited external space — mean this is a specialist purchase best suited to investors comfortable managing risk or landlords focused on yield rather than capital uplift.
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