Reliable tenant producing a strong 6.8% gross rental yield.
Two double bedrooms, two bright reception rooms
A compact two-bedroom Victorian mid-terrace offering immediate rental income and solid yield. The property is currently let with a reliable tenant in situ, delivering a strong gross rental yield of 6.8%, making it a straightforward income purchase for investors seeking cashflow from day one.
Inside, two double bedrooms, two bright reception rooms and large windows give a light, comfortable feel. A modern fitted kitchen and a contemporary bathroom reduce short-term refurbishment costs. Character touches include an attractive fireplace and period red-brick façade, useful for tenant appeal in this market.
Practical factors to note: the house is an early 20th-century solid-brick build and wall insulation is assumed absent. The plot is small and rooms are average-sized — good for rental demand but offering limited extension potential. The local area is classified as deprived with endeavouring social renters; this supports sustained rental demand but may limit capital-growth expectations.
Other positives include mains gas central heating, fast broadband, no flood risk and very low council tax band A. Investors should check tenancy terms and service checks before exchange, and factor possible insulation or energy upgrades into medium-term budgets.
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