Low-price investment with immediate rental income and parking.
Sold with tenant in situ, currently achieving £480pcm
This three-bedroom mid-terrace on Spurn Walk is offered freehold and sold with a sitting tenant, currently generating £480pcm. The house is a compact, modern-built property (c1996–2002) with double glazing, mains gas central heating and simple front and rear gardens, the latter providing off-street parking.
The property’s chief appeal is as an entry-level investment: low asking price, immediate rental income and a very cheap Council Tax Band A. The layout is straightforward — living room and kitchen to the ground floor, three bedrooms and a family bathroom upstairs — making it uncomplicated to manage or re-let once the tenancy ends.
There are clear refurbishment needs: internal decor is dated and some rooms require updating. The area scores as very deprived with very high recorded crime, so capital-growth prospects should be considered alongside rental yield. The sale will be via online auction and fees will apply.
Suitable for a hands-on investor or landlord seeking an affordable rental asset, this property offers immediate income and scope for value uplift through targeted modernisation. Prospective buyers should factor in renovation costs, tenancy continuity, local area challenges and auction-related charges when assessing overall return.
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