Ready-for-refurb rental with immediate income and low service costs.
First-floor two-bedroom maisonette with private large garden
A two-bedroom first-floor maisonette offering straightforward rental income and clear refurbishment potential. Sold with a tenant in situ producing £800 pcm (from 20 October 2025), the property suits a hands-off investor seeking immediate cashflow and a low annual service charge of £250 covering buildings insurance and ground rent.
Accommodation extends to about 700 sq ft and includes a spacious lounge with patio doors to a balcony, a large breakfast kitchen with original mid-century fittings, two double bedrooms and a bathroom with shower over bath. The residence has a large private garden and external storage accessed from the communal entrance.
Practical considerations are evident: the building dates from the 1950–66 era, walls are cavity with no added insulation, heating is currently by room heaters with mains gas available, and the kitchen and flooring are dated and will need renovation. The lease has 93 years remaining and the location sits in a very deprived area with above-average crime rates — relevant for investors assessing long-term value or mortgage terms.
Transport links to the A442 and M54 are within easy reach and local schools include several rated Good. This is a pragmatic buy for investors who plan targeted refurbishment and who accept the management requirements of a tenant in place and a mid-century property in need of updating.
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