Immediate rental income with long-term tenant and paperwork in place.
Three bedrooms plus lounge and kitchen-diner
A three-bedroom semi-detached townhouse offered as an investment purchase with a long-term sitting tenant in place. The property returns £850pcm (7.55% gross yield at asking price) and includes tenancy paperwork, a protected deposit, EICR and Gas Safe documentation.
Built 2003–2006, the home has double glazing, gas central heating and an EPC rating of C (76). Accommodation comprises lounge, kitchen-diner, downstairs WC, three bedrooms and a family bathroom. Outside there is front and rear garden space and off-street parking.
The property requires renovation and cosmetic updating — it is sold as needing work — so budget for improvements. It sits in an area with above-average crime and high local deprivation, which buyers should weigh against the reliable rental income and low ongoing ground rent on the long lease.
This is aimed at investors seeking immediate rental income and straightforward management. Owner-occupier purchase is not suitable; all viewings and offers should assume the current tenancy remains in place unless otherwise agreed.
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