Steady rental income with scope for value-adding updates.
Long-standing tenant in situ paying £600 pcm (income immediate)
Compact three-bedroom mid-terrace, approx. 776 sq ft
Single ground-floor bathroom; one boiler-heated system
Built before 1900; assumed external walls uninsulated
Rear garden but small plot size
Located in a very deprived area with above-average crime
Double glazing present; dates of installation unknown
Requires cosmetic updating and energy-efficiency improvements
A three-bedroom mid-terrace offered with a long-standing tenant in situ, generating immediate rental income of £600 per month. The layout includes a lounge/diner, kitchen/breakfast room and a ground-floor bathroom, plus a small rear garden. The property is compact at about 776 sq ft and sits in an established urban neighbourhood close to shops, schools and public transport links.
Constructed before 1900 with sandstone/limestone walls and double glazing, the house has been kept in reasonable condition by the current tenant but will benefit from updating and energy-efficiency improvements (walls currently assumed uninsulated). There is a single bathroom and standard-height ceilings; the interior shows contemporary and dated elements and will suit buyers planning cosmetic refurbishment rather than a full rebuild.
This is an investors-first opportunity: a sitting tenant who wishes to remain provides reliable short-term income, while the area’s rental demand supports letting prospects. Buyers should note the location is in a very deprived area with above-average crime and small plot size — factors that will affect long-term capital growth and management requirements.
Practical considerations: freehold tenure, mains gas central heating with boiler and radiators, no flood risk reported, and excellent mobile/broadband connectivity. The property is best suited to a landlord experienced with rented terraces or a buyer seeking a modest-yield, low-maintenance starter investment with scope to add value.