This substantial end-of-terrace property, featuring four bedrooms and built from stone, is strategically located at the intersection of School Road and Sackville Road. It resides in a sought-after area popular with students and is within easy walking distance of the main university campus. Currently tenanted by four students until June 2026 for £1,420 per calendar month, this asset offers immediate rental income and has potential for appreciation.
However, the property is attractively priced due to existing structural issues, which are detailed in an accompanying report within the legal pack. This presents a unique opportunity for savvy investors looking to enhance their portfolio or for buyers willing to undertake renovations that could significantly increase property value.
The layout includes a front bedroom and sitting room on the ground floor, along with a kitchen. The first floor features two additional bedrooms and a bathroom/WC, while the second floor hosts an attic bedroom. There is also a basement cellar providing additional utility space.
This property is leasehold with an EPC rating of E, suggesting room for improvement in energy efficiency metrics as well. With its current tenancy set until mid-2027 at an increased rent rate of £1,460 PCM post-June 2026, it ensures ongoing income during any refurbishment process.
