Occupied three-bed terrace with rental income and core heating features — investor-friendly entry price..
- Tenants in situ generating £575.00 pcm
- Freehold Victorian mid-terrace property
- Double glazing and gas central heating present
- Small rear yard; compact outdoor space
- Rooms small to medium, Victorian proportions
- Located in a very deprived area with very high crime
- Buyers Premium fee applies to purchase
- Close to shops, schools and good transport links
A straightforward investment opportunity in North Ormesby: a three-bedroom Victorian mid-terrace offered freehold with tenants in situ paying £575 pcm. The property benefits from double glazing, gas central heating and a small rear yard — practical basics that keep tenant demand steady.
Internally the home provides an entrance hall, open-plan lounge/diner, kitchen and downstairs bathroom, with three bedrooms and a first-floor WC. Rooms are small to medium and the house follows typical Victorian proportions; the accommodation is described as well-proportioned but not large, so expect compact living spaces.
Location is convenient for local shops, schools and transport links, which supports rental appeal. That said, the area is classified as very deprived with very high crime rates and a hampered neighbourhood profile — important factors for landlords and buyers to weigh when considering long-term demand and management costs.
Buyers should note a Buyers Premium fee applies. The property suits investors or first-time landlords seeking an occupied income-producing asset, and those prepared for ongoing estate management in a challenging local market.