Long-standing tenant in situ generating £12,600 pa
Net yield approximately 9.7% at the current asking price
Four good-sized bedrooms; two spacious reception rooms
Large rear yard with gated off-street parking
Mains gas central heating and double glazing fitted
Solid brick walls; likely no cavity insulation (as built)
Single family bathroom for four bedrooms
Located in a very deprived area with high local crime rates
This four-bedroom end-terrace on Charlecombe Street is presented as a ready-made buy-to-let with a long-standing tenant producing £12,600 pa (net yield 9.7% at asking price). The house offers two generous reception rooms, a fitted kitchen and a family bathroom across an average-sized, traditional Victorian layout, plus a large rear yard with gated off-street parking.
Practical systems are in place: mains gas boiler and radiators and double glazing are fitted, supporting tenant comfort and reducing immediate outlay. The solid brick construction and bay-fronted period façade give character and straightforward renovation potential for modest capital improvements or repurposing.
Important considerations for buyers: the property sits in a very deprived area with high local crime statistics, and walls are likely uninsulated (as-built solid brick). There is only one bathroom for four bedrooms, tenure is unknown, and the long-standing tenancy will transfer with sale — suitable purchasers should be prepared to manage the existing tenancy or service charge implications.
For investors seeking immediate income, this is a high-yield, low-complexity asset with scope to increase value through targeted upgrades (insulation, modernising kitchen/bathroom). For owner-occupiers or family buyers, factor in local area challenges and the single bathroom when assessing suitability.
