Let investment with immediate rental income and straightforward refurbishment potential.
Freehold three-bedroom mid-terrace with front and rear gardens
This mid-terraced three-bedroom freehold is offered for sale at auction and currently let on an Assured Short Tenancy producing £8,400 per year. The property includes front and rear gardens, double glazing, mains gas central heating and an EPC rating of C, giving a straightforward rental income profile and clear refurbishment upside.
Constructed in the mid-20th century with system-built walls and external insulation, the house provides typical mid-terrace accommodation over two floors: hall, kitchen, living/dining room, three bedrooms, bathroom and separate WC. The layout and small-to-medium room sizes suit rental or resale after modest updating; the small plot limits garden expansion but keeps running costs low.
Buyers should factor in local area challenges: the neighbourhood has high crime rates and very high deprivation, and the property sits in a major conurbation with young, hard-pressed local families. This suppresses capital values but supports rental demand. The sale is by public auction (virtual live stream), so prepare for auction conditions and potential reserve adjustments.
For investors the combination of immediate rental income, low council tax band and refurbishment potential offers a value play. For renovators or owner-occupiers, expect straightforward works rather than major structural alteration, but allow for cosmetic updating and modernisation to maximise return or comfort.
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