Ready-made rental with immediate income and development potential.
Tenant in situ with consistent rent payments (annual gross £9,000).
Freehold mid-terrace with private rear garden and on-street parking.
Compact plot and modest room sizes; average overall footprint.
Area shows very high deprivation and above-average crime levels.
Broadband fast and mobile signal excellent; good tenant demand factors.
Sale subject to tenancy transfer; tenants intend to remain.
Buyer’s Premium applies to secure the transaction process.
Recommend inspection and basic survey to confirm condition and costs.
A straightforward mid-terrace two-bedroom house in Heysham, Morecambe, offered freehold with a tenant in situ. The property produces a gross annual rental income of £9,000 and is presented as a ready-made buy-to-let opportunity for investors seeking immediate cashflow.
Internally the layout provides two bedrooms, a lounge, kitchen/diner and a three-piece bathroom across two storeys. Externally there is on-street parking to the front and a private rear garden; the plot is compact and the house is typical of mid-terrace stock in the area. Broadband speeds and mobile signal are strong, supporting renter demand.
Material considerations are clear: the area shows high deprivation and above-average crime levels, and the plot and room sizes are modest. The current tenants have indicated they wish to remain and have paid promptly, so sale subject to tenancy and management transfer will be a primary factor. A Buyer’s Premium applies to secure the transaction process.
This property suits an investor or developer comfortable managing tenanted accommodation and operating in a constrained rental market. Buyers should review the Let Property Pack, tenancy documentation and undertake internal inspection and basic surveys before purchase to confirm condition and refurbishment needs.
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