Five self‑contained flats, immediate income, period character—investment ready.
Five self‑contained flats generating approx. £34,000 pa gross income
Freehold Victorian end‑terrace with bay windows and high ceilings
All units tenanted — immediate income, low vacancy risk
Communal outdoor space; on‑street parking nearby
Total internal area reported as small (559 sq ft) — compact units
Located in a very deprived area with very high crime levels
Excellent mobile signal and fast broadband; good local amenities
No flood risk; council tax described as affordable
A ready‑made income block in L6, this Victorian end‑terrace offers five self‑contained flats currently fully let and generating approximately £34,000 per year. The building retains period character—bay windows, high ceilings and large rooms—while presenting as well maintained throughout. Ownership is freehold and there is communal outdoor space plus on‑street parking.
This is aimed squarely at investors seeking immediate rental yield with minimal void risk: all units are tenanted and independently equipped with kitchens and bathrooms. Broadband and mobile connectivity are strong, and the property sits within a short walk of local amenities, public transport and several well‑rated primary schools.
Important considerations: the property sits in a very deprived area with very high recorded crime levels, which may affect tenant turnover and long‑term capital growth. Total internal area is small (559 sq ft reported), so units are compact; further subdivision or expansion options appear limited. Council tax is described as affordable and there is no flood risk.
Overall, the building suits investors prioritising immediate, hands‑off rental income and period charm, while those seeking capital growth or low‑risk neighbourhoods should weigh the socioeconomic and crime‑related downsides.