Immediate rental income with clear uplift potential through refurbishment.
Long-term sitting tenant generating £520 pcm rental income
This two-bedroom mid-terrace is offered freehold with a long-term tenant in situ, producing £520 pcm. The property is typical of early 20th-century terraces with solid brick walls, a small forecourt and a rear garden; it suits buyers seeking immediate rental income without voids.
Internally the house is lived-in and functional but requires cosmetic updating and some modernisation. Photographs and descriptions indicate small-to-average rooms, dated fixtures and likely absence of wall insulation — an investor should budget for repairs and improvements to increase rental value.
Location factors are mixed: local amenities and fast broadband support lettings, but the area has very high crime rates and is in a very deprived classification, which will affect tenant profiles and long-term capital growth. The property’s compact plot and modest room sizes fit the profile of entry-level buy-to-let stock.
Overall this is a straightforward, low-price investment with immediate income and clear scope for uplift through refurbishment. Buyers should factor refurbishment costs, local market conditions and management considerations when assessing returns.
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