- Two-bedroom terraced home on Springfield Road +
- Excellent investment opportunity with potential rental yield of approx. 7.6% +
- Ideal renovation project - a true blank canvas +
- Suitable for owner-occupiers, buy-to-let investors or resale/flip +
- Basement offering valuable extra storage space +
- Two well-proportioned double bedrooms +
- South-facing rear garden with scope for improvement +
Property Description
This two-bedroom terraced property on Springfield Road presents an exciting opportunity for buyers looking to add value, whether as a home, rental investment or resale project. Requiring renovation throughout, the property offers a rare chance to completely transform and personalise a space to suit your needs and vision.
The potential rental income is estimated at £700-£750 per calendar month, offering an attractive yield of approximately 7.6%, making this a strong prospect for buy-to-let investors seeking reliable returns.
The ground floor comprises a bright front-facing lounge, a kitchen to the rear and a separate utility room, providing additional storage and flexibility. A useful basement further enhances the property, ideal for storage or future conversion potential (subject to necessary consents).
To the first floor are two generous double bedrooms and a family bathroom. There is clear scope to reconfigure the layout to maximise space and value - options may include open-plan living, adding a downstairs WC, or modernising throughout, subject to planning and building regulations.
Externally, the property benefits from a south-facing rear garden, offering excellent potential for landscaping or creating a low-maintenance outdoor space perfect for relaxation or entertaining.
With solid fundamentals, flexible usage and significant upside potential, this property is an ideal project for those with vision. With the right improvements, it could become a stylish home or a high-yield investment in a popular residential location.
Early viewing is strongly recommended to appreciate the opportunity on offer.
Room Dimensions
Lounge: 3.4m x 3.1m
Kitchen: 3.4m x 3.2m
Bedroom One: 3.4m x 3.1m
Bedroom Two: 3.2m x 2.4m