Chain-free three-bed terrace with strong rental yield potential.
Three-bedroom mid-terrace with two reception rooms
An attractive, chain-free investment: this three-bedroom mid-terrace on Heneage Road offers clear rental potential and scope for value uplift. The spacious layout includes two reception rooms and French doors to a small rear garden — features that appeal to tenants and improve re-let prospects.
The property requires renovation throughout: the bathroom and some internal finishes are dated or neglected, and general refurbishment will be needed to achieve the projected rental income. Essential services are present — uPVC double glazing, central heating and fast broadband — reducing immediate outlay on heating and connectivity.
Located in a very deprived, high-crime area with a transitional Eastern European neighbourhood and a constrained renter market, this house suits a hands-on investor comfortable managing tenant risk or refurbishment. At the listed price and with an estimated rental of £650 pcm, the projection is a 10.8% gross yield; purchasers should factor in repair costs, management and potential void periods.
No forward chain and freehold tenure simplify purchase logistics. With careful refurbishment and appropriate tenant screening, the property can deliver steady rental returns and capital growth in a price-sensitive local market.
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