Immediate rental income and straightforward portfolio addition for cash buyers.
Tenant in situ producing £460pcm
A ready-made buy-to-let with tenant in situ, this mid-terrace Victorian property produces immediate rental income of £460pcm. The layout includes a living room, modern kitchen, bathroom and two first-floor bedrooms, plus an enclosed rear yard. UPVC double glazing and gas central heating are already fitted, and the sale is freehold.
Practical positives include a modern fitted kitchen, laminated flooring to the lounge and a compact, low-maintenance rear garden. EPC rating D and council tax Band A keep ongoing costs modest for a letting portfolio. The property footprint (657 sq ft) suits rental demand for small households and working tenants in this area.
Notable drawbacks are that the house sits in a very deprived area with above-average crime rates and no off-street parking. The Victorian solid brick walls are likely uninsulated and will benefit from targeted improvement work to raise energy efficiency. The building shows some dated interior features and will need cosmetic updating over time.
This is aimed at investors seeking a low-entry, income-producing asset with potential to add value through energy upgrades and cosmetic refurbishment. The tenant arrangement and compact plot make it appropriate for landlords focused on steady rental yield rather than immediate owner-occupation.
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