Ready-made student rental with strong income and conversion potential.
- Ten bedrooms across three floors, flexible HMO layout
- Generated gross income of £52,800 in the last year
- Two kitchens, communal living space and communal shower rooms
- Freehold tenure; Council Tax Band B (relatively cheap)
- Victorian features: high ceilings, bay windows, period mouldings
- Built before 1900; solid brick walls likely without insulation
- Medium flood risk and located in a very deprived area
- Scope to alter layout subject to necessary planning permissions
A substantial freehold property in a central TS1 location, this Victorian semi offers a ready-made rental business and clear upside for an investor. The building produced a gross income of £52,800 in the last year and currently provides ten spacious bedrooms across three floors, two kitchens and communal living and shower facilities — a configuration that suits student lets, HMO use or conversion subject to planning.
The house retains strong period character: high ceilings, bay windows, mouldings and large rooms that attract tenants and allow flexible reconfiguration. Practical strengths include mains gas central heating, double glazing installed after 2002, excellent mobile signal and fast broadband — useful for modern tenants and remote workers.
Buyers should note material considerations: the property sits in a very deprived part of the city with medium flood risk, solid brick walls likely without insulation, and some communal areas that will require ongoing management. Planning would be needed to alter the layout. On the positive side, council tax is band B and the freehold tenure simplifies long-term planning.
This is a hands-on investment with immediate income and renovation potential. It will suit an investor or experienced landlord who can manage a multi-room let, address insulation and maintenance, and explore layout improvements to increase net rental returns.
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