Summary - 50, Henley Road SR4 8AS
3 bed 1 bath Terraced
Three-bedroom terraced let with immediate income and refurbishment potential.
Tenant in situ paying £630 PCM, immediate rental income
Approximate gross yield about 7.6% at £100,000 purchase price
Three bedrooms, one bathroom; compact internal layout
Small garden; modest overall plot and room sizes
Sold at auction — quick sale, buy-to-let specialist route
Property needs updating; cosmetic and possible refurbishment required
Area: very deprived with high local crime — affects demand
Freehold, no flood risk, fast broadband and excellent mobile signal
This three-bedroom mid-20th century terraced house on Henley Road is offered as an investment with a tenant in situ paying £630 PCM, presenting an immediate income stream. At a guide price of £100,000 and with a total floor area of about 797 sq ft, the property offers an approximate gross yield of around 7.6% before costs. The freehold tenure and auction sale route suit buyers looking for a straightforward purchase and quick completion.
Internally the layout is compact but practical: a reception room, three bedrooms and one bathroom. The home has double glazing and mains gas central heating via boiler and radiators, but it shows signs of age and will benefit from updating and cosmetic work to maximise rental value or resale. The small garden adds external space but the overall plot and room sizes are modest.
Location strengths include fast broadband, excellent mobile signal and proximity to several well-rated schools and local amenities including parks and leisure facilities. Note the area scores high on crime and is classed as very deprived, which may affect tenant demand and long-term capital growth compared with stronger neighbourhoods.
Practical facts: the property is sold at auction, is freehold, has no flood risk, and sits within a lower council tax band. Buyers should plan for refurbishment spend and factor in void periods, management costs and any auction-related fees. This is a clear transaction for an investor or a buyer experienced in lower-cost refurbishment opportunities.
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