Let property with steady income and scope for attic conversion subject to approval.
Current tenancy in place producing £750pcm (7.2% gross yield at £125,000)
This Victorian mid-terraced property is offered as a buy-to-let with an existing tenancy producing £750pcm (7.2% gross at the asking price of £125,000). The house includes two double bedrooms, a lounge, dining room and a fitted kitchen with gas combination boiler and UPVC double glazing — straightforward, rental-ready basics for an investor seeking immediate income.
There is an attic room that could be converted into a usable bedroom, but this would require building-regulation approval before it can be legally classed as a bedroom. The home has solid brick walls likely without internal insulation and a small rear garden with paving and grass; buyers should budget for any insulation or improvement work if they wish to raise long-term EPC or rental value.
Practical considerations: the property sits in a deprived area with a high local crime score and constrained-renter demand, which supports rental occupancy but can limit capital growth and tenant mix. Council Tax band A keeps running costs low. No internal photos are provided to protect tenant privacy — viewings and inspections will be subject to tenancy arrangements.
This is a clear, cashflow-focused opportunity for an investor comfortable with modest terraces: immediate rent, scope for value uplift through sensible refurbishment and potential attic conversion (subject to checks). Carry out a full inspection, confirm compliance of services and explore insulation or improvement options to boost appeal and yield.
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