**Standout Features:**
- **Property Type:** Mid-terrace building with four flats (3 x one-bedroom and 1 x studio)
- **Annual Income:** Currently fully let, generating £25,200 per year
- **Auction Sale:** Scheduled for July 3, 2025, with a guide price of £100,000+
- **Freehold Tenure:** Held on a long 999-year lease
- **EPC Rating:** C, indicating good energy efficiency
- **Location:** Close to local shops, amenities, and Mannion Nature Park; easy access to transport links via South Bank rail station
- **Condition:** Requires updates, presenting a blank canvas for investors
**Concerns:**
- **Crime Rate:** High levels reported in the area
- **Overall Area Classification:** Highly deprived, which may impact future value and rental demand
- **Maintenance:** The property appears dated and may require further renovation to enhance appeal
Discover a unique investment opportunity in this mid-terrace building arranged to provide four fully-occupied flats, generating a solid annual income. This compact property boasts a prime location within walking distance to local amenities and beautiful green spaces like Mannion Nature Park.
Perfect for buyers seeking a rental investment or a renovator looking to capitalize on a fixer-upper in an affordable price bracket. Although the area has inherent challenges, including a high crime rate and overall deprivation, the solid investment potential and excellent broadband connectivity ease some concerns.
Potential buyers are encouraged to act quickly, as properties like this, with both renovation potential and income generation, are rare in today’s market. Don’t miss out on the chance to revitalize this property and secure income for years to come!
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