Summary - Taylor Street, Rochdale, OL12 OL12 0EB
2 bed 1 bath Terraced
Income-producing two-bed terrace with clear rental uplift potential.
- Long-term tenant in situ, tenants intend to remain
- Current gross income £9,000 per year
- Upside rental estimate £13,800 per year (Let Pack)
- Gross yield c.6.9% now, c.10.6% at higher rent
- Leasehold tenure; check lease terms and charges
- Area recorded as very deprived — consider demand risk
- Victorian terraced character; some dated areas requiring work
- On-street parking only; no private driveway
This mid-terrace two-bedroom house on Taylor Street is presented primarily as a buy-to-let opportunity. It currently produces a gross rental income of £9,000 per year from long-term tenants who intend to remain, and a market-upside figure of £13,800 is noted in the letting pack. At the asking price of £130,000 the current gross yield is about 6.9%, rising to approximately 10.6% if the higher rent is achieved.
The property is a period Victorian terraced house of average overall size with traditional red-brick character and on-street parking. Internally the accommodation includes lounge, kitchen, bathroom and two bedrooms. Photos and descriptions indicate a mix of dated period features and some modernised living space; the house is described as a viable rental with potential to increase rent to market level.
Important practical points for buyers: the tenure is leasehold, the area is recorded as very deprived, and a Buyers Premium will apply to secure the purchase. The property pack and Let Property Pack are available for detailed tenancy documents, income figures and tenancy terms. Investors should note the tenant’s long residency and stated intention to stay, which supports rental continuity but limits vacant-possession options.
This is aimed at investors and developers seeking an income-producing asset with immediate cashflow and clear scope for improving rental return. The home will suit a buy-and-hold landlord or a small refurbishment project to lift rental value; it is not offered as a vacant renovation for immediate owner-occupation.
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