Long-term tenants, immediate income and developer interest in Ashton-under-Lyne.
Freehold Victorian terraced house with period features and red-brick facade
Two bedrooms, lounge, kitchen, bathroom; approx. 678 sq ft total
Current gross rental income £9,000 pa; tenants long-term and wish to remain
Approximate gross yield ~7.6% at £118,000 purchase price
Small plot with modest front and rear gardens; clustered layout
On-street parking only; no private off-street parking
Located in a very deprived area — affects tenant profile and resale
Buyers Premium applies; review Let Property Pack and tenancy details
A two-bedroom Victorian terraced house offered freehold on Whiteacre Road, presented as a buy-to-let with long-term tenants in situ. The property produces a current gross income of £9,000 per year, giving an approximate gross yield of 7.6% at the asking price of £118,000 — a clear income-led opportunity for investors. The tenants have occupied the home for several years and indicate they wish to remain, providing immediate rental return and low turnover risk.
The house retains period character externally with red-brick Victorian styling and internal features such as a fireplace and high ceilings in the living room. Accommodation includes lounge, kitchen, three-piece bathroom, two bedrooms and small front and rear garden spaces. The overall size is average (approximately 678 sq ft) on a very small plot, with on-street parking nearby and no reported flood risk.
Practical considerations: the area scores as very deprived and the wider neighbourhood is an urban cultural mix; this will influence tenant profiles and future resale markets. A Buyers Premium will apply on sale, and the sale is being offered with tenants and a Let Property Pack available for full investment detail — buyers should review tenancy documentation and service terms closely before committing.
Suitable for investors and developers looking to expand portfolios or add a stable income asset, the property offers immediate rental income with modest refurbishment potential. While presented as well kept, prospective purchasers should inspect for routine maintenance or modernization needs common in period terraces and confirm broadband/mobile service and local amenity suitability for their intended tenancy type.