Summary - 69 MILBANK TERRACE STATION TOWN WINGATE TS28 5EF
2 bed 1 bath Terraced
**Standout Features:**
- Two bedrooms in a mid-20th century terraced house
- Currently occupied with a sitting tenant paying £400pcm
- Potential to increase rental income to approximately £475pcm
- Private rear yard with garage for off-street parking
- Convenient garden space
- Fast broadband and excellent mobile signal
**Notable Concerns:**
- Requires modernization and upgrades throughout
- Located in an area with high crime and significant deprivation
- Small plot size and average room dimensions
- Auction sale may have specific financial requirements for buyers
This two-bedroom mid-terrace property is a promising investment opportunity situated in the TS28 postcode, known for its mix of residential charm and potential for rental income. Although the house requires modernization, it boasts essential features including a spacious lounge, a separate dining room, and a kitchen, all while being sold with a reliable tenant in place. The property's private garden and garage provide valuable outdoor space and parking, enhancing its appeal.
Given the advantageous rental yield and the council’s low tax rate, this fixer-upper presents an ideal project for buy-to-let investors or first-time buyers looking to enter the property market. Early viewing is highly recommended due to its auction status, which requires capital readiness and quick commitments. Position yourself in a growing rental market with a solid foundation to customize and grow the property’s value. Don’t miss out on this opportunity—schedule your viewing today!
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