Chain-free, tenant-in-situ investment with strong current yield close to Ryde town centre.
- Tenant in situ; offered to investors only
- Current rent approximately £10,000 per annum
- Recently refurbished; double glazing and gas central heating
- Compact 2-bed Victorian end-terrace, c. 526 sq ft
- Long leasehold: ~818 years remaining; no management fees listed
- Small shared rear courtyard; no private garden or garage
- Solid brick walls (pre-1900) likely uninsulated — energy work possible
- Located 2 minutes to town, 5 minutes to seafront and transport links
A compact Victorian end-of-terrace offered specifically to investors, this two-bedroom Ryde cottage is currently let and producing a strong headline yield of about £10,000 per annum. Recently refurbished throughout, the property combines period character with contemporary finishes, double glazing and gas central heating — ready for continued rental from day one.
Located a two-minute walk from Ryde town centre and around five minutes from the seafront and mainland transport links, the house benefits from excellent local amenities and fast broadband. The layout includes a good-size lounge, modern kitchen and shower room, plus two bedrooms across two storeys. A small shared rear courtyard provides basic outdoor space.
Practical points for investors: the property is leasehold (around 818 years remaining) and offered with a tenant in situ — viewings and move-in will be subject to the tenancy. There are no management fees recorded and it is chain free. The building is solid-brick Victorian and was constructed before 1900; walls are likely uninsulated, which may affect longer-term energy efficiency plans.
Consider the local context when assessing future returns: the area is classified as very deprived, and the property is small (approximately 526 sq ft) with limited private outdoor space. Recent refurbishment reduces immediate maintenance needs, but buyers should allow for standard upkeep on an older building and consider insulation or energy-efficiency upgrades if targeting longer-term rent growth or compliance improvements.
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