Freehold Three-Bedroom End-Terraced Investment Property | Fully Let | Approx. 18.5% Gross Yield at Guide Price An excellent opportunity to acquire a freehold three-bedroom end-terraced house offered for sale by auction, providing an immediate income-producing investment with significant appeal to landlords looking to expand their portfolio.
The property is currently let to four individual tenants under separate tenancy agreements and is being sold subject to the existing tenancies (full details available within the legal pack). Based on the current letting configuration, the property has the potential to generate approximately £2,000 per calendar month (£24,000 per annum), subject to verification.
Based on the Guide Price of £130,000, this represents an impressive gross yield of approximately 18.5%, making it an outstanding opportunity for investors seeking high-yielding rental assets.
Internally, the accommodation briefly comprises:
Entrance Hall
Cloakroom/WC
Spacious Lounge/Dining Room
Kitchen
Three Bedrooms
Family Bathroom
As an end-terraced property, the house benefits from additional privacy, a larger plot than many mid-terrace homes and excellent long-term rental appeal.
Why This Is an Excellent Investment
Income-producing properties with established occupiers continue to be in high demand, particularly those offering strong monthly cash flow. With the property already occupied and generating rental income, purchasers can benefit from returns from completion, without the delays and costs associated with sourcing tenants.
The existing tenancy arrangements provide immediate income, while the freehold ownership offers long-term security and complete control over the asset. Opportunities to acquire investments producing an estimated 18.5% gross yield at guide price are increasingly rare, making this an attractive addition to any property portfolio.
Investment Highlights
Guide Price: £130,000
Potential Rental Income: Approx. £2,000 PCM (£24,000 per annum) (subject to verification)
Approximate Gross Yield: 18.5% based on the guide price
Freehold
Three-bedroom end-terraced house
Currently let to four individual tenants
Sold subject to the existing tenancy agreements
Immediate income-producing investment
Excellent addition to a buy-to-let portfolio
Location
Situated within an established residential area, the property benefits from strong and consistent rental demand due to its proximity to local amenities, schools, public transport links and employment hubs. The area continues to attract tenants seeking affordable, well-connected accommodation, supporting excellent occupancy rates and providing investors with confidence in the long-term rental prospects.
Auction Information
The property is offered For Sale by Online Auction and is sold subject to the existing tenancy agreements. Interested parties should refer to the legal pack for full tenancy details and supporting documentation.
Viewings will be arranged where possible and are strictly subject to agreed access with the current occupiers.
Freehold
* Plus 3% Buyers Premium plus VAT
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Each Lot is sold in its existing condition and state of repair. Buyers are deemed to have inspected the Property and satisfied themselves as to its condition, structure and suitability prior to bidding. Town & Country Property Auctions gives no warranty or guarantee as to the condition, structure, construction, repair or suitability of any Property, or the working order of any fixtures, fittings, services, heating systems or appliances included in the sale. No objection, claim or recourse shall be made against Town & Country Property Auctions in respect of these matters. Purchasers requiring mortgage finance or other funding are advised to arrange this prior to the auction and should satisfy themselves that the Property meets their lender's requirements. Material information relating to the Property will be provided within the Legal Pack. To download the Legal Pack, please visit tcpa.co.uk.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Three Bedroom Town House.
Rental Investment Potential.
Strong Yield - approx 15% on guide price.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).
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