Immediate rental income in a town-centre location with refurbishment potential.
Three double bedrooms with period fireplaces
Sold with sitting tenant on Assured Shorthold Tenancy
Current rent £650 pcm — gross yield ~6.24%
Freehold, no upward chain
Compact house ~753 sq ft on a small plot
Solid brick walls assumed uninsulated — insulation needed
Area shows higher deprivation and above-average crime rates
Council tax band very low, EPC rating D
A three-bedroom mid-terraced Victorian property near Sutton town centre, offered as a letting investment with a sitting tenant on an Assured Shorthold Tenancy and no upward chain. The house retains period character to the façade and fireplaces, while the interior provides practical living: open-plan lounge/diner with French doors, a fitted kitchen with integrated oven and hob, and a fully tiled ground-floor bathroom with shower.
Currently let at £650 pcm (gross yield approximately 6.24%) this freehold property suits a buyer seeking immediate rental income. It has gas central heating, UPVC double glazing and an EPC rating of D. The accommodation is compact (about 753 sq ft) and built c.1900–1929 on a small plot, so scope for enlargement is limited without planning.
Buyers should note clear drawbacks: the area shows higher deprivation and crime levels, the mid-terrace has solid brick walls assumed to lack cavity insulation, and rooms are modest in size. The property is a straightforward income asset but may require future investment for energy performance and modernisation.
This is a pragmatic purchase for an investor wanting hands-off rental income in a town-centre location. For a private buyer seeking long-term family accommodation, accept that the house is compact, in a constrained urban setting, and may need upgrading to improve comfort and energy efficiency.
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