Stable rental income with refurbishment upside for hands-on buyers.
- Two bedrooms, one bathroom mid-terrace, circa 850 sq ft
- Freehold with small rear garden and on-street parking
- Current gross rental income £6,180 per annum
- Long-term tenant in situ; tenant intends to remain
- Requires modernisation; dated interiors and low ceilings
- Located in a very deprived area with very high crime rates
- Excellent mobile signal and fast broadband speeds
- Small plot size limits outdoor amenity and extension scope
Priced for yield, this two-bedroom mid-terrace on Rose Avenue is offered with a long-term tenant in place, producing a gross annual income of £6,180. The property is freehold, traditionally laid out over two storeys with a small rear garden and on-street parking. Its Victorian brick exterior and compact layout are typical for the area and suit buy-to-let portfolios or developers seeking straightforward rental stock.
The house is functional but requires updating; internal photos and descriptions note low ceilings, dated finishes and general wear that suggest renovation would increase rents and capital value. Broadband and mobile connectivity are strong, which supports rental demand. The property sits in a very deprived neighbourhood with very high local crime statistics — factors that will affect tenant profiles and lettings strategy.
This is a clear opportunity for investors targeting immediate income and medium-term uplift after refurbishment. The current tenants have lived here for several years and intend to remain, providing stable short-term cashflow. Buyers should review the Let Property Pack for tenancy terms, historic payment record and specific investment metrics before committing.
Material negatives are the area's high crime rate, signs of internal wear and low ceilings, and a small plot size. These are real constraints on resale value and family-market appeal, so the home is best suited to landlords, portfolio builders or developers prepared to carry refurbishment costs and manage location-related lettings risks.
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