Affordable three-bed with long lease and clear uplift potential.
Long leasehold: 947 years remaining
Three bedrooms, approx. 918 sq ft of accommodation
Needs renovation throughout; cosmetic and service updates likely
Small paved front forecourt and low-maintenance rear garden
Off-street parking provided
Above-average local crime; area classed as very deprived
Current rent £544.50 pcm; estimated post-refurb £750 pcm
Double glazing present; install date unknown
This three-bedroom terraced house in L33 offers clear value for buyers prepared to modernise. At £110,000 with a long lease (947 years), the property provides an affordable entry or portfolio addition in a location with good transport links and strong rental demand potential.
The accommodation totals about 918 sq ft and is basic in specification: fitted kitchen, simple bathroom and separate WC, standard ceilings and small-to-average room sizes. The building is a post‑war system-built terrace with external insulation, double glazing (unknown install date) and mains gas central heating. There is a small paved front forecourt, low-maintenance rear garden, and off-street parking.
Material drawbacks are factual and significant: the property needs renovation throughout, cosmetic and likely some updating to services; area deprivation and above-average crime should be considered when assessing yield and tenancy risk. The current rent is £544.50 pcm (£6,534 pa) with a realistic let-up potential to around £750 pcm (£9,000 pa) after refurbishment, and the EPC was recorded as C (71) but requires reassessment.
For an investor or buyer willing to carry out works, this house represents a straightforward refurbishment project with long leasehold security and quick access to Headbolt Lane station and local amenities. For owner-occupiers, the home will appeal to first-time buyers seeking a budget property to personalise, but plan for upgrade costs and local area factors.
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