Immediate rental income with refurbishment upside for portfolio buyers.
Tenant in situ providing £9,000 pa gross income (approx £750 pcm).
Asking price £115,000 — circa 7.2% gross yield at current rent.
Potential re-let estimate ~£818 pcm (approx 7.85% gross yield).
Freehold Victorian end-terrace with private rear garden.
Small urban plot; no off-street parking (on-street only).
Area described as deprived; local market may be price-sensitive.
Internal condition and services unconfirmed — photos/floorplans missing.
Buyer’s premium applies; check tenancy pack and legal documents.
This two-bedroom end-of-terrace on Gorton Street is presented as a buy-to-let opportunity with an existing long-term tenant in situ, providing immediate rental income. The property is freehold, Victorian-built with a modest footprint and a private rear garden; external condition appears fair from the graphic but internal condition and services are unverified.
Current gross income is reported at £9,000 pa (about £750 pcm), giving an approximate 7.2% gross yield at the asking price of £115,000. An estimated market re-let could achieve around £818 pcm (circa 7.85% gross yield), so there is some upside for an investor who reviews local comparables and tenancy terms.
Notable practical points: on-street parking only, small urban plot, and the surrounding area is described as deprived with mixed local demographics. The property pack and tenancy paperwork should be reviewed closely — the tenant wishes to remain, and a buyer’s premium is noted as part of the sale process. Photographs and full internal details are not provided, so surveys and viewings are recommended to confirm condition, room sizes and services.
This dwelling will suit cash-flow focused investors or developers comfortable with modest period homes in denser urban locations. It also offers basic owner-occupier potential for a small family, although relocation or refurbishment work may be needed to modernise interiors and maximise rental or resale value.