Immediate rental income with clear scope to increase rent and value.
Long-term tenant in situ producing £6,000 gross annually
Market rent estimated at £8,580 — clear rental uplift potential
Freehold mid-terrace; approx. 603 sq ft (small overall size)
Victorian exterior shows paint peeling; exterior renovation likely needed
Very deprived area with high local crime statistics — investment risk
Very small plot and limited on-street parking typical of terraces
Cash offers only; buyers premium applies to secure purchase
No flood risk; excellent mobile signal and fast broadband speeds
A compact two-bedroom mid-terrace providing immediate rental income and clear upside for an investor. The property is freehold, currently let long-term, and produces a gross income of £6,000 per year with an assessed market rent of around £8,580. Situated in a tightly packed Victorian terrace, the house is practical for buy-to-let portfolios seeking steady yields and straightforward management.
The building shows signs of external wear — peeling paint and typical terrace maintenance needs — so a modest program of cosmetic works would improve kerb appeal and tenant retention. Internally the lounge and modern kitchen are in functional condition; overall floor area is small (approx. 603 sq ft), so rental demand is likely from single occupants or small households. There is no flooding risk and the property benefits from excellent mobile signal and fast broadband.
Buyers should note material considerations: the area is very deprived with high crime statistics, and street parking appears limited. The sale is cash-only and a buyers premium will apply to secure purchase. These factors mean this opportunity suits experienced investors or developers who can accept local market challenges and plan for modest refurbishment to lift rent and value.
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