Immediate rental income with large gardens and refurbishment potential.
Tenants in situ under assured shorthold tenancy generating £680pcm
This three-bedroom semi-detached house on Nostell Lane is offered as a buy-to-let opportunity with tenants in situ, producing a steady rent of £680pcm. The sale requires the purchaser to accept the existing assured shorthold tenancy, providing immediate rental income and no onward chain.
Internally the property offers a dual-aspect lounge, kitchen/diner, side lean-to/utility and three bedrooms upstairs with a three-piece bathroom. The house is functional but dated; description notes modernisation is needed and there are signs of roof work and 1970s-era fittings that will require updating.
Externally the plot is a major asset: large front and rear gardens, a shed and summer house give scope for landscaping, extensions or capital enhancements (subject to consents). The property is freehold with low council tax (Band A).
Location-wise the home sits on a town-fringe road with good mobile and fast broadband, close to schools, local amenities and transport links. Be aware the wider area records higher-than-average crime and marked deprivation, factors investors should factor into lettings and tenancy strategy.
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