Multi-unit freehold with reliable income in a high-demand rental area.
6 self-contained units: 2 x one-bed, 4 x studios
A substantial mid-terrace investment property arranged as two one-bedroom apartments and four studio flats, currently producing approximately £27,000 per year. The freehold building includes a self-contained basement unit and a top-floor one-bed, plus four self-contained studios with fitted kitchenettes and double-glazed windows. Layouts suit multi-let operation with communal entrances and separate access for the basement flat.
The flats are gas-connected for services but rely on electric heating and room heaters; EPC ratings are E45 for the main building and D57 for the basement. Accommodation is functional rather than modern and will benefit from cosmetic updating and potentially energy-efficiency works to improve long-term running costs and tenant appeal.
Location offers strong rental demand in a densely populated urban area close to local amenities and schools, yet the immediate neighbourhood records very high crime and significant area deprivation. Buyers should factor in management costs, likely refurbishment spend, and recommended checks for coal-mining legacy before purchase.
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