Summary - 48 FOSTER STREET STAIRFOOT BARNSLEY S70 3EW
2 bed 1 bath Terraced
Chain-free terrace with immediate rental income and refurbishment potential.
Tenant in situ paying £625pcm — current advertised 8.3% gross yield
Freehold property offered chain free for straightforward purchase
Small footprint: total approx 503 sq ft, compact rooms throughout
Requires modernisation; cosmetic and systems upgrades recommended
External brickwork shows age-related issues; some maintenance needed
Second bedroom houses the combination boiler — space constraints noted
Enclosed rear patio garden and gated front forecourt provide outdoor space
Area is very deprived with high local crime rates — impacts demand
This two-bedroom mid-terrace presents a clear investment proposition: sold with a tenant in situ paying £625pcm, it currently delivers an advertised 8.3% gross yield. The layout is traditional Victorian terrace with a front lounge, separate dining room, compact kitchen and two first-floor bedrooms, one of which houses the combination boiler. The property is freehold and offered chain free, simplifying purchase for a buy-to-let investor.
The house is small and in need of modernisation to maximise rental value and capital growth. Key maintenance items include general refurbishment of finishes and attention to external brickwork, which shows age-related issues. Internal space is compact — a small second bedroom and modest kitchen — so improvements should focus on efficient use of space and durable, low-maintenance fittings.
Location factors are mixed. Broadband and mobile signal are strong, and there are several well-rated local schools nearby, which supports tenant demand. However the wider area is classified as deprived with higher-than-average crime rates; this affects long-term demand and should be considered when assessing rental resilience and exit strategy.
Suitable buyers are experienced investors or those comfortable managing a refurbishment in a tougher letting market. The combination of tenant in situ, low council tax and compact running costs may suit a hands-on landlord seeking immediate income and scope to add value through sensible updates.
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