Low-priced, flexible buy-to-let with conversion potential close to local amenities.
- Large overall size with generous master bedroom
- Recently renovated interior, ready for immediate letting
- Potential to sub-divide main bedroom for extra income
- Useful cellar for storage, enclosed rear yard
- Gas central heating and double glazing (post-2002)
- Area has very high crime and very high deprivation
- External sandstone walls likely uninsulated, check thermal performance
- Tenure unknown and HMO requires necessary consents
This spacious two-bedroom Victorian end-terrace on Cedar Street has been recently renovated and presents clear potential for investors or buyers seeking rental income. The large overall footprint and generous master bedroom — which could be subdivided into two rooms — provide flexibility for conversion or higher-yield layouts, subject to necessary consents.
Practical features include gas central heating, UPVC double glazing installed after 2002, a useful cellar for storage and an enclosed rear yard. The property has a convenient through living room, ground-floor shower room and a kitchen with ample workspace, making it immediately lettable with minimal additional works.
Important negatives are factual and material: the property sits in an area of very high crime and very high deprivation, which will affect rental demand and resale values. External walls are sandstone/limestone with no assumed cavity insulation, and tenure details are not provided — buyers should confirm. Schools nearby show mixed Ofsted outcomes.
Overall, this low-priced home (offers around £75,000) is a practical, flexible opportunity for investors or purchasers willing to accept the neighbourhood profile. Carrying out local due diligence, checking required HMO permissions, and assessing wall insulation or further refurbishment needs are recommended before purchase.
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