Three-bed terraced investment with tenant in place and clear refurbishment potential..
Tenant in situ and available with no onward chain
This mid-terraced Victorian bay-front house on Caunce Street offers immediate rental income with a tenant in situ and no onward chain. At about 752 sq ft, the three-bedroom layout is compact and suits buy-to-let portfolios or investors seeking a refurbishment project in an inner-urban location.
The property retains period character externally and benefits from a small enclosed rear garden and a gravelled forecourt. Internally rooms are arranged as through lounge, separate dining room and kitchen, plus a three-piece bathroom; the footprint supports straightforward modernisation or light reconfiguration to add value.
Be clear on the local context: the area scores as very deprived with very high crime statistics, and properties here typically demand practical management and tenant selection. Cosmetic works are needed (windows/doors, paintwork, fittings) though there is no flood risk and tenure is freehold — useful for long-term holders. Fast broadband and excellent mobile signal are local positives for rental demand.
This is for investors comfortable operating in higher-risk neighbourhoods or landlords who can complete cost-effective refurbishments. If buying to resell, factor in additional time and budgets for repairs, securing tenants or improving tenancy terms to maximise exit value.
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