Immediate income potential in need of refurbishment and careful due diligence.
Potential rental yield 11.3% with tenant in situ
Sold by auction — 56-day reservation completion required
Non-refundable reservation fee 4.5% (min £6,600) payable separately
Requires modernisation; cosmetic and likely mechanical updating
EPC D; solid brick walls likely without insulation
Area shows high crime and very high deprivation
Medium flood risk and small rear garden
Council tax band A — very low running local tax
This mid-terrace three-bedroom home in Bentley is offered with a tenant in situ and a quoted potential rental yield of 11.3%, making it a clear income-focused opportunity. The property requires modernisation throughout — cosmetic and likely mechanical updating — but its compact footprint and private rear garden offer straightforward letting appeal once refurbished.
Sale is via the modern method of auction. Buyers should note the 56-day completion (reservation) process and the non-refundable reservation fee (4.5% of purchase price, minimum £6,600) payable in addition to the hammer price. A buyer information pack is available for a fee and should be reviewed before bidding. If you need mortgage finance, obtain lender advice ahead of auction participation.
Material considerations: the area shows high crime levels and very high deprivation; flood risk is medium. The house has solid brick walls with assumed no cavity insulation, double glazing of unknown age, an EPC rating D and mains gas central heating. These factors will affect running costs, insurance and re-let times and should be factored into refurbishment budgets.
For an investor prepared to manage refurbishment and the auction process, this freehold mid-terrace offers immediate rental income and strong yield potential. For risk-averse buyers or those seeking a ready-to-move-in home, the property’s condition, local area challenges and auction terms make it less suitable without significant work and due diligence.
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