Freehold investment with tenant in place and immediate rental income potential.
Extremely large interior — approx. 1,335 sq ft
A spacious two-bedroom mid-terraced home offering around 1,335 sq ft of accommodation and two bathrooms — an uncommon size for this terrace type. Sold freehold and with a tenant in situ, the property suits buy-to-let investors seeking immediate rental income and an opportunity to add value through refurbishment.
Constructed before 1900 with granite or whinstone walls (likely uninsulated) and older double glazing, the house will require updating to improve energy efficiency and interior finishes. The property has mains gas central heating (boiler and radiators) and a small rear garden. Location factors include fast broadband and reasonable mobile signal, but the area shows high crime rates and very high deprivation indicators, so buyer suitability and rental strategy should reflect local market realities.
This sale is by modern auction method. The buyer must complete within 56 days, purchase a Buyer Information Pack (£349 including VAT), and pay a non-refundable Reservation Fee equal to 4.5% of the purchase price (minimum £6,600 including VAT). These costs are payable in addition to the hammer price and should be factored into total acquisition costs. The property is sold with a tenant in situ; viewing access and possession depend on tenancy terms.
For an investor prepared to manage refurbishment and tenant considerations, the property offers strong space for rental yield or conversion opportunities. For owner-occupiers, the auction process, tenant in situ and local area challenges make careful due diligence essential before bidding.
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