Stable income-producing three-bed with scope for cosmetic uplift and improved yield.
Tenanted investment — sold with tenant in situ
Offered to investors only, this three-bedroom Victorian terraced house in Levenshulme is sold with a tenant in situ and produces £13,200 pa (approx. 7.3% yield at the asking price). The property is freehold, extends to about 807 sq ft and combines period character with a compact, practical layout ideal for buy-to-let portfolios.
Internally the house needs only light cosmetic updating in places to maximise rental value; rooms are small-to-average for an inner-city terrace but include two reception rooms and an outdoor space. EPC is awaited, so prospective buyers should factor in energy-certification timing and any potential improvement costs.
Location strengths include very low local crime, excellent mobile and fast broadband connectivity, nearby schools with good Ofsted ratings and accessible local amenities and transport links. The plot and garden are very small and parking is on-street; these are typical of urban terraced stock and may limit family appeal but suit rental demand in the area.
This is a no-frills, income-focused purchase: reliable current rent, tenant in place for continuity, and scope to increase value through modest refurbishment and energy-efficiency works. Buyers should conduct full inspections and tenancy checks, and allow for refurbishment and EPC costs when modelling returns.
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