Summary - 16 MANCHESTER STREET BARROW-IN-FURNESS LA14 1QR
3 bed 1 bath Terraced
Affordable town-centre terrace with immediate rental income or renovation potential.
Freehold three-bedroom mid-terrace over three floors
This three-bedroom mid-terrace in Barrow town centre offers straightforward, hands-off rental income for an investor or an accessible purchase for a first-time buyer. The property is freehold, arranged over three floors with two reception rooms, a modernised small kitchen, and one bathroom. It is currently tenanted on a rolling contract producing £750 pcm (net yield circa 6.42%).
Internally the house is spaciously arranged given its footprint, with three double bedrooms including an attic-level room with built-in storage. Double glazing and mains gas central heating are already installed. Broadband is fast and mobile signal is excellent, supporting tenancy and home-working needs.
Notable negatives are the location and some maintenance needs. The area records very high crime and very high deprivation indices, and the plot is small with no garden or garage. The interior needs general modernisation in places and the property will appeal more to buyers comfortable with city-centre, compact living and potential refurbishment.
Offered with vacant-possession options and currently managed with tenants in situ, this is best suited to investors wanting an immediate income stream or first-time buyers seeking an affordable starter home with scope to improve. Prospective purchasers should note the property is subject to a refundable reservation fee of £500 to secure the sale.
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