Immediate rental income with tenant in place and nearby amenities.
- Sold with sitting tenant, generating approx £550pcm
- Freehold mid-terrace with Victorian brick facade
- Approx 883 sq ft; two bedrooms, one bathroom
- Estimated gross yield around 10% at asking price
- Small rear yard and limited plot size
- Solid brick walls assumed uninsulated; potential energy upgrades needed
- Area has high crime and is very deprived — affects demand
- Slow broadband speeds locally; excellent mobile signal
A traditional two-bedroom mid-terrace offering immediate rental income with a sitting tenant in place. The property is freehold, gas-heated with double glazing and circa 883 sq ft of living space — an attractive, low-entry portfolio addition for a buy-to-let buyer. Annual rent is approximately £6,600 (about £550 pcm), giving an estimated gross yield of just over 10% at the current asking price.
The house dates from the early 20th century and shows Victorian character externally; internal photos show a modernised kitchen but the exterior and some rooms need maintenance. The plot is small, rooms are modest in size and the property likely lacks wall insulation (solid brick as built). Broadband speeds are slow locally, though mobile signal is excellent.
Buyers should note material negatives plainly: the area scores high for crime and is very deprived, which will affect tenant demand and capital growth. The property is sold with a long-term tenant in situ, so any vacant-possession plans will require tenant notice and legal process. This is best suited to landlords seeking immediate income or an investor prepared to manage refurbishment and local letting risks.
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