Refurbished income property with immediate rental return for portfolio buyers.
Buy-to-let with long-term tenants in situ
Newly refurbished interior and double-glazed windows
Three bedrooms, two reception rooms, one three-piece bathroom
Current gross income £6,600; potential market rent ~£8,400
Guide price £65,000 — cash buyers only; buyer’s premium applies
Located in very deprived area with high local crime rates
Very small plot and limited outdoor space; on-street parking only
Freehold title; straightforward traditional terraced layout
This terraced three-bedroom property on Roseberry View is presented as a clear buy-to-let opportunity, newly refurbished and currently let to long-term tenants. The home offers two reception rooms and a three-piece bathroom across an average-sized, two-storey layout, making it straightforward to re-let or retain as an income-producing asset.
Financially, the property produces a current gross income of £6,600 per year against a guide price of £65,000. A market-rent uplift to around £8,400 is considered achievable, improving gross yield for an investor who accepts the current tenancy. The sale is cash-only and a buyer’s premium will apply, so factor these costs into acquisition plans.
Location and condition are mixed strengths. The interior is newly refurbished with modern neutral decor and double-glazed windows, reducing immediate maintenance outlay. However, the property sits in a very deprived neighbourhood with high local crime rates and a very small plot, which may limit capital-growth prospects and tenant demand for certain tenant profiles.
This is best suited to a seasoned investor or portfolio buyer seeking immediate income rather than a hands-on owner-occupier. The long-term tenants are currently intending to remain, so expect limited vacant possession options without negotiation. Review the let pack and tenancy documentation before committing to confirm rent, deposit handling and tenant status.
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