Turnkey rental income with strong yield — needs thermal upgrades and local-market savvy.
Tenant in situ delivering 9.6% rental yield
Two spacious double bedrooms and two reception rooms
Modern white bathroom; large, well-appointed kitchen
Freehold; approx. 894 sqft; Victorian mid-terrace c.1900–1929
Assumed cavity walls with no insulation — thermal upgrades needed
High local crime and very deprived area may affect demand
EPC D and council tax band A — energy moderate, running costs low
Small rear plot; cosmetic modernisation likely required
This mid-terrace Victorian property presents a clear investment play: two double bedrooms, two bright reception rooms and a large kitchen, currently achieving a strong 9.6% rental yield with a tenant in situ for immediate income. Large windows and a feature fireplace give the house period character, while a modern white bathroom reduces short-term refurbishment costs.
Practical strengths include freehold tenure, fast broadband and excellent mobile signal—useful for letting appeal—and council tax band A which keeps outgoings low. The property is sizeable internally (approx. 894 sqft) and constructed c.1900–1929, offering scope to increase value through targeted improvements such as insulation and cosmetic updating.
Material considerations are significant and should be factored into any purchase. The local area is very deprived with a high crime rate, which can affect tenant profiles, re-letting speed and capital growth. The cavity walls are assumed to have no insulation and the property will likely benefit from thermal upgrades; the EPC of D indicates moderate energy efficiency.
This is a hands-on investment suited to buyers comfortable managing tenancy and local-market challenges. For a landlord seeking yield and immediate cashflow, the property is attractive; for those wanting low-management or premium-area growth, the setting and local indicators may constrain upside without active intervention.
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