This spacious three-bedroom terraced bungalow presents a solid investment opportunity, particularly for buy-to-let investors, as it currently has tenants in place generating a rental income of £450 per month, translating to an attractive gross yield of 7.71% annually. The property is freehold and falls under Council Tax Band A, enhancing its appeal for value-seeking buyers. With approximately 908 square feet of living space, the bungalow features two generous double bedrooms along with two adaptable reception rooms, making it adaptable for various tenant needs. Although the current EPC rating stands at E, there is significant potential to enhance energy efficiency ratings to B, offering room for improvement that could increase future desirability and rental yields.
Externally, the property boasts a private rear yard, which may offer possibilities for off-road parking with appropriate permissions, a feature that can be attractive to tenants prioritizing convenience and security. The front of the property provides unallocated on-street parking for ease of access. The exterior is designed for low maintenance, catering well to tenants who prefer less upkeep while still allowing for outdoor enjoyment or additional storage. Located strategically near local amenities and public transport links, this bungalow not only serves as a practical living space but also presents a potentially lucrative investment option for landlords. Viewings are highly encouraged to fully appreciate the size and investment prospects available.
