Ready income-producing townhouse for investors seeking an immediate let.
- Sold with sitting tenant paying £850 pcm
- Approximate gross yield 6.6% at asking price
- Three bedrooms, one bathroom, approx. 764 sq ft
- Built 2007–2011; double glazing and gas central heating
- Leasehold with 999-year lease; £150 ground rent p.a.
- Located in a very deprived area with high crime levels
- Compact overall size; suitable for standard rental demand
- Tenancy paperwork, deposit protection, EICR and Gas Safe provided
A straightforward buy-to-let opportunity: a three-bedroom end-terrace townhouse in Westvale offered with a sitting tenant paying £850 pcm. Built 2007–2011, the home has double glazing, gas central heating and a 999-year lease, simplifying long-term ownership for an investor.
The tenant has occupied the property for over three years and the current income produces an approximate gross yield of 6.6% at the asking price. Tenancy paperwork, protected deposit, EICR and Gas Safe records have been provided, helping with immediate management and compliance on purchase.
Notable practical points: the property is leasehold with an annual ground rent of £150 and is compact at about 764 sq ft. The area scores high on deprivation and recorded crime levels are high, which can affect tenant demand and management requirements. Council Tax band is B (described as cheap) and broadband speeds are fast.
This is aimed squarely at investors seeking an income-producing asset ready to continue as a rental. Factor in local market conditions and management costs, and undertake your own checks on condition and tenant covenants before purchase.
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