Low-cost investment with immediate rental income and refurbishment opportunity.
Freehold two-bedroom end back-to-back terrace, about 722 sq ft
Currently let — sold as a going concern with tenants remaining
EPC C; mains gas boiler and radiators in place
Double glazing installed before 2002 (may need upgrade)
Solid brick walls, likely no cavity insulation — upgrade recommended
Very high local crime and very deprived area — affects management
Very small rear yard; low maintenance outdoor space
Dated interiors and external wear; requires modernization or refurbishment
This two-bedroom end back-to-back terraced house in LS9 offers straightforward investment potential in a major conurbation location. At about 722 sq ft, the Victorian-built property is freehold and currently let, providing immediate rental income for a buyer seeking a hands-off purchase.
The house has basic modern comforts: mains gas boiler and radiators, double glazing (installed before 2002) and an EPC rating of C. There is a small, low-maintenance yard and local amenities, shops and good-rated schools within walking distance, which support long-term tenant demand.
The property does need updating: interiors are dated and the solid-brick walls likely lack insulation. The home sits in a very deprived area with very high crime statistics, which will affect tenant profiles, resale prospects and management requirements. Buyers should factor refurbishment costs, potential energy-efficiency upgrades and active tenancy management into purchase calculations.
Ideal for investors comfortable managing an occupied rental, this house offers a low entry price and scope to add value through sensible renovation and efficiency improvements. However, the neighbourhood challenges mean this is a specialist acquisition best suited to buyers with experience of letting in urban, high-demand private-renting areas.
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