Four-bed end-terrace investment lot with rental income and refurbishment potential.
4 bedrooms over three storeys, approx. 1,375 sq ft
Currently let at £600 pcm — potential gross yield ~8.3% at guide price
Sold at unconditional online auction on 08/10/2025, buyer’s premium applies
Freehold (to be verified); no flood risk, gas central heating, double glazing
Requires maintenance and internal modernisation; small plot and room sizes
Single shower-room and one WC only; limited facilities for larger households
Located in a very deprived area with high crime — let demand may be constrained
Fast broadband and excellent mobile signal; close to transport and local shops
This three-storey, four-bedroom end-of-terrace is offered for sale at online auction with vacant possession sold subject to a residential occupational contract currently yielding £600 pcm. The property is Freehold, sits on a small plot and totals about 1,375 sq ft — providing a straightforward buy-to-let or refurbishment opportunity for an investor prepared for some upkeep.
The house benefits from gas central heating, double glazing, no flood risk, and fast broadband with excellent mobile signal — useful for letting demand. The current tenant has a long-term occupation and would ideally like to remain, so the sale is likely to continue as a let sale. The guide price is £87,000 and the property will be sold at unconditional auction on 08/10/2025.
Notable negatives: the area is very deprived with high local crime levels and constrained rental market classification, and the house requires maintenance and updating internally. There is a single shower-room and small to medium room sizes, so expect some investment to modernise and improve rental value. Buyers should allow for the buyer’s premium charged at auction (minimum £995 inc. VAT) and verify tenure and tenancy details prior to purchase.
Overall, this property suits an investor focused on income and capital uplift through refurbishment in a budget price-band. The stated rent equates to a gross yield of approximately 8.3% at the guide price, but buyers should factor in refurbishment costs, potential voids, and the local socio-economic constraints when assessing returns.