Income-producing two-bedroom semi suited to serious investors and developers.
Tenant in situ producing £6,600 gross annually (immediate income)
Asking price £86,000 — approx. 7.7% gross yield
Freehold two-bedroom semi with private front and rear gardens
Off-street private driveway parking for one vehicle
About 775 sq ft; mid-20th-century pebble-dash exterior
Area classified as deprived; local crime levels are high
Interior requires modernisation (ceiling texture noted)
Buyer's Premium applies; tenants do not intend to vacate
This two-bedroom semi-detached house in Stanley offers a straightforward investment with tenant in situ and immediate rental income. At an asking price of £86,000 and current gross rental income of £6,600 per year, the property yields approximately 7.7% gross — attractive for buy-to-let portfolios or developers seeking short-term cashflow.
The house is a mid-20th-century build (circa post-war) with pebble-dash/rendered exterior, private front and rear gardens, and off-street driveway parking. Internally the layout provides a lounge, kitchen/diner, two bedrooms and a three-piece bathroom across about 775 sq ft. Broadband and mobile signal are strong and local schools include several Ofsted-rated Good and Outstanding options.
Notable negatives are factual and important for buyers: the area shows higher crime levels and is in a deprived district, which may affect long-term capital growth and tenant profiles. The interior needs some updating (ceiling texture and general modernisation). A Buyer's Premium will be applied to secure the sale, and the current tenants do not intend to vacate, so any redevelopment or vacant-possession plans may be limited.
Overall this property suits investors looking for an income-producing asset with immediate returns, or developers prepared to manage tenant agreements and targeted refurbishment. It is freehold and of average size, making it a pragmatic addition to a rental portfolio rather than a hands-off capital-growth play.
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