Summary - 58B PLANK LANE LEIGH WN7 4QE
2 bed 1 bath End of Terrace
Long lease and instant returns for hands-off investors.
Tenants in situ — immediate rental income
A practical buy-to-let opportunity in WN7, this two-bedroom end-terrace comes with tenants in situ, offering immediate rental income and straightforward ownership from day one. The property has a traditional mid-20th century layout with a bright living room, fitted kitchen, two double bedrooms and a single family bathroom. An enclosed rear garden and front driveway provide low-maintenance outdoor space and off-street parking.
Key strengths include a very long lease (868 years) and full compliance with current lettings legislation, reducing setup friction for landlords. The building’s gas central heating, double glazing and fast broadband in the area support tenant comfort. Council tax is very cheap, helping affordability for occupiers.
Buyers should note the local context: the area is classified as very deprived and the immediate neighbourhood descriptors indicate social and economic challenges. Internally there are cosmetic issues (dated decoration, peeling paint) and the cavity walls are assumed to have no insulation, so some upgrading and energy-efficiency work may be needed. The property is offered as an investment with tenants in place; purchaser should factor in tenancy terms and conduct their own checks.
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