Immediate rental income with refurbishment upside for value growth.
Sitting tenant in place since 2013, current rent £500 pcm
Gross rental yield approximately 7.5% at asking price
EPC C69; gas central heating and double glazing present
Victorian mid-terrace — solid brick walls, insulation likely required
Small, low-maintenance rear garden; on-street parking only
Area classed as very deprived with above-average crime rates
Freehold tenure; buyers should check coal mining records
Fast broadband and excellent mobile signal
A two-bedroom Victorian mid-terrace offered with a long-term sitting tenant generating immediate income. The property returns £500 pcm, producing a gross yield around 7.5% at the current asking price, and presents straightforward buy-to-let potential with scope for a future rent review.
Internally the home is tidy and functional: bright living room with laminate flooring and an electric fire, a practical kitchen leading to a utility/rear porch, ground-floor bathroom and two generous double bedrooms with built-in storage. The EPC is C69 and heating is mains gas via boiler and radiators.
The house sits on a small, low-maintenance rear garden with on-street parking to the front. It retains period brickwork and solid-wall construction (assumed without insulation), so there is scope to improve thermal performance and add value through targeted refurbishment.
Buyers should note the wider context: the area scores as very deprived with above-average crime rates. The property is freehold, in a coal-mining region (buyers should check the Coal Authority), and has a long-standing tenant in situ (since 2013) which limits vacant possession options but secures rental income from day one.
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