- Ideal turnkey investment opportunity +
- Potential circa 7% gross investment return +
- Three-bedroom mid-terrace property +
- Proposed 3-year lease arrangement with current operator (not yet formalised) +
- Currently operated as supported/social housing +
- Spacious through lounge living area +
- Open-plan kitchen / dining space +
- Rear garden +
- All bedrooms 6.5m² or larger +
- Established residential location +
This three-bedroom mid-terrace property presents an attractive investment opportunity, with the potential to achieve approximately 6.5% gross yield based on the current rental structure.
The property is presently operated as supported/social housing, and the current owner is seeking to lease the property back from a prospective purchaser on a proposed three-year agreement. This arrangement has not yet been formalised, offering flexibility to incoming investors while presenting a potential ready-made income stream.
Internally, the property offers well-proportioned accommodation across two floors. The ground floor comprises a spacious through lounge living area, creating a comfortable reception space that flows through to the open-plan kitchen and dining area at the rear. From here, doors provide access to the rear garden, offering useful outdoor space.
Upstairs, the property provides three good-sized bedrooms, each exceeding 6.5m², making them suitable for standard residential use. A family bathroom is also located on the first floor.
The property is situated within a well-established residential area, offering convenient access to local amenities, schools, and transport links. This makes it an appealing location for tenants and investors alike.
With strong rental potential and a proposed lease arrangement already under discussion, this property offers a compelling opportunity for investors seeking immediate or structured rental income.