Immediate rental income with tenant in situ and low running costs.
Sold at auction — buyer must be prepared for auction process
A compact two-bedroom mid-terrace offering immediate rental income — currently let at £400 PCM and sold with tenant in situ. The property dates from the 1930–1949 period and is freehold, with gas central heating, double glazing (install date unknown) and a small low-maintenance rear yard with brick storage.
This is aimed at landlords or investors seeking a low-entry portfolio purchase. The house is described as well looked after internally and provides traditional Victorian mid-terrace proportions across roughly 926 sq ft (total floor area). Services include mains gas, boiler-and-radiator heating and good broadband and mobile signal in the area.
Buyers should note the location is in a very deprived area with very high local crime levels and classed as deprived blue-collar terraces; the plot and external garden areas are small. The property will be sold at auction — suitable for buyers prepared for a quick, cash-or-conditional completion and to manage post-purchase refurbishment or tenancy arrangements.
Overall this is a straightforward, low-cost entry investment with immediate yield but material area-related risks and likely need for ongoing management or selective updating depending on investor strategy.
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