Summary - 340 TOTTINGTON ROAD BURY BL8 1TA
2 bed 1 bath Terraced
Immediate rental income with scope to increase returns.
Long-term tenant in situ, consistent rental payments
A practical buy-to-let opportunity in Bury, offered with a long-term tenant already in place. The property is a traditional stone-built terraced house with two bedrooms, one bathroom and straightforward room layouts — suited to investors seeking immediate rental income and low void risk.
Financially it produces a current gross rent of £9,540 pa (approx. 6.7% gross yield at the asking price of £143,000). There is scope to increase income to an estimated £11,400 pa (approx. 8.0% gross yield) if re-let at market rates, making it an attractive portfolio addition for yield-focused buyers.
Practical points to note: the home is leasehold with 923 years remaining, and the current tenants intend to remain which limits vacant possession options. There appears to be no private garden and room sizes are compact, so accommodation is best suited to couples or small households. A Buyer’s Premium applies to secure the sale — factor this into your acquisition costs.
Overall, this is a low-crime, well-connected property in a largely professional neighbourhood with fast broadband and excellent mobile signal. Its straightforward layout and steady tenancy make it a solid, hands-off addition for investors or a renovation project for developers prepared to upgrade finishes.
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