This vacant three-bedroom mid-terrace property presents an ideal investment opportunity in a well-regarded rental area with solid growth potential. While currently requiring significant updates, it boasts a spacious lounge/dining area and a kitchen that invites modernization. The property is well-positioned to benefit from comprehensive refurbishment, which includes potential enhancements to the kitchen, bathroom, and cosmetic updates throughout. Located on the first floor are three bedrooms—two sizeable doubles and a single room that could serve as a nursery, office, or dressing space—alongside a family bathroom.
Outdoors, the low-maintenance rear garden features a block-paved patio area that offers further opportunities for enhancement, creating an inviting outdoor living space. On-street parking is available at the front of the property.
With easy access to major roads like the A1(M) and M18, commuting is straightforward, while local amenities and public transport options are conveniently nearby. Following improvements, this property could command an estimated rental income of £950 per month (£11,400 annually), representing an impressive gross yield of approximately 9.9%. The potential end value upon completion of renovations is estimated at around £140,000.
This represents not just an investment but a project for buyers looking to add substantial value in a resilient buy-to-let market.
