Chain-free starter home with strong rental yield potential.
Three bedrooms with two reception rooms and small rear garden
A three-bedroom mid-20th century terraced house in Edlington offered chain-free with vacant possession. The house provides two reception rooms, a small rear garden and an EPC rating of C, making it economical to heat for its age. Projected rental income of £675pcm gives an indicated ROI of 10.8%, appealing to first-time buyers considering later letting or investor buyers.
The property is freehold and of an average overall size (approx. 818 sq ft) with gas central heating and filled cavity walls. It benefits from excellent mobile signal, fast broadband and reasonable commuter links via the A1 and M18. Local schools include several Good and an Outstanding-rated primary, which supports family life in the area.
Buyers should note real maintenance needs and local-context drawbacks. The exterior appears dated with reported roof issues and the description indicates the house generally needs work and updating internally. The neighbourhood is in a very deprived area with higher-than-average crime levels and ‘challenged’ local classifications, which will affect resale and lettings for some tenants.
A buyer’s premium applies (1% + VAT, minimum fee applies; an initial non-refundable deposit to secure the property). There is no known flood risk and the tenure is freehold. This home suits hands-on first-time buyers or landlords prepared to renovate and manage an asset in a lower-value neighbourhood to capture rental yield or future uplift.
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