Spacious five-bedroom Victorian terrace with strong rental income — auction sale, renovation required.
- Five bedrooms across 1,539 sq ft internal area
- Private small garden to rear
- Annual gross rent £35,400 — income-generating now
- Freehold title with period Victorian facade
- Sold by Modern Method of Auction; reservation fee applies
- Requires modernization; potential for layout improvements
- Single bathroom for five bedrooms
- Area: very high crime and very deprived locality
A substantial five-bedroom Victorian terrace occupying 1,539 sq ft with a small private garden, offered freehold. The property currently produces an annual gross rent of £35,400, making it immediately income-generating for a buy-to-let investor. Broadband and mobile signal are strong, supporting tenant demand for connectivity.
The house requires modernization and updating; interiors show period features but will need investment to maximise rental value or make a comfortable family home. There is a single bathroom for five bedrooms and the plot is relatively small, so consider layout changes or adding facilities when planning refurbishments. The property sits in an area of high deprivation and very high recorded crime — these local factors will affect tenant mix, rental levels, and resale expectations.
Sale is via the Modern Method of Auction. Buyers should be prepared for the reservation fee and the auction timescales: offers can be made prior to auction and completion is expected within the auction framework. For investors this is a clear, fast route to secure an income-producing freehold, but budget for refurbishment and factor local market challenges into yield calculations.
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