- 15+ year tenant committed to staying +
- Immediate rental income from completion +
- 7.6% gross yield with potential to increase +
- Well-maintained by long-term tenant +
- Excellent transport links +
Three-bedroom terraced house presenting an exceptional investment opportunity with remarkable tenant stability. This property features a long-term occupant of over 15 years who has expressed a clear desire to remain, providing investors with the rare advantage of guaranteed occupancy and immediate rental income from completion.
Property Overview:
This well-presented three-storey terraced house demonstrates good overall condition throughout, requiring minimal initial outlay from new owners. The practical layout includes three well-proportioned bedrooms distributed across the upper floors and a conveniently positioned ground floor bathroom.
Investment Performance:
Currently delivering a strong 7.6% gross yield, this investment offers immediate returns with significant potential for enhancement. The lengthy tenancy period suggests rental levels can be further adjusted to reflect market rates. The absence of void periods, advertising costs, or tenant sourcing expenses sets this as a favourable buy-to-let.
Location Advantages:
The property benefits from an excellent transport infrastructure, with both train station and comprehensive bus networks providing outstanding connectivity for commuting tenants. Local amenities within close proximity ensure tenant satisfaction and this combined with transportation availability contribute to the area's sustained rental appeal.
Tenant Stability Benefits:
The existing tenant's 15+ year occupancy demonstrates both the property's inherent appeal and their commitment to remaining long-term. This eliminates the typical investment risks associated with tenant turnover, void periods, and the costs of re-letting. The established relationship also provides predictable cash flow and reduced management requirements for investors.
Investment Summary:
At £95,000, this property combines immediate income generation with future growth potential. The exceptional tenant stability, strong location fundamentals, and opportunity for rental enhancement create a compelling investment proposition. The combination of current yield performance and scope for improvement, backed by proven long-term occupancy, positions this as an ideal addition to any property investment portfolio seeking reliable returns with growth potential.