Low-entry buy-to-let with immediate income and long-term tenants in place.
Three bedrooms in a mid‑terrace freehold approximately 517 sq ft
A compact three-bedroom mid-terraced freehold in Thornton-Cleveleys offering immediate rental income and simple management for investors. The property currently produces a gross annual income of £6,900 with potential to increase to around £8,880 at market rent; tenants are long-standing and intend to remain, so the purchase offers steady cashflow from day one.
Externally the house presents a mid‑20th‑century brick façade, small front garden and private rear garden. On-street parking serves the property. It sits close to Bispham Gala Field and Kincraig Nature Reserve and within walking distance of local amenities and several well-rated primary and secondary schools, supporting tenant demand from families and local workers.
Important negatives are upfront and should guide buyer interest: the plot and overall internal size are small (approximately 517 sq ft), the local area records very high crime and very high deprivation which can affect tenant mix and future rental growth, and a Buyers Premium applies to the sale. The property is sold with tenants in situ, limiting vacant possession options for refurbishment or immediate re-letting.
Suitable for buy‑to‑let investors or developers seeking a low‑entry freehold purchase with immediate income. Buyers should review the Let Property Pack and tenancy documentation carefully and factor in local area risk when assessing long‑term capital growth versus rental yield.
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