Lifetime Sitting Tenant - A rare opportunity to acquire this well-located property at substantial discount due to a lifetime sitting tenant. With a vacant possession value of approximately £375,000, this investment offers exceptional long-term capital growth potential for a patient buyer. Victorian 3 double bedroom, two receptions mid-terraced property with sitting tenant paying rent of £750 per month/ £9,000 per annum

Guide Price: £245,000

Situated in the desirable market town of Ross-on-Wye, the property benefits from excellent transport links and strong local demand. This is an ideal acquisition for investors seeking a high-value asset at a reduced price, with significant future upside.

Front Door with Entrance Hallway - Sitting Room - Dining Room - Kitchen with Pantry and Utility Room - Stairs and Landing to Upper Floor - Three Double Bedrooms - Family Bathroom - Off Landing Walk in Wardrobe - Rear Garage - Private Rear Garden - Front Garden - Period Features Throughout

Agent Comment

This is a genuinely outstanding investment opportunity. It is rare large Victorian three bedroom properties of this style and quality come onto the market at a discount, given the sitting tenant. This family home is classic Victorian. There are period features throughout e.g. fire places in both the dining and sitting rooms, stair balustrades, cornices, windows and many other details. It is a very charming property. The garage is to the rear and easily fits a family sized car. Gardens are front and back and private. I really like the fact you can easily walk into Ross on Wye 1/4 mile down Gloucester Road. Once there you can enjoy the excellent variety of shops, cafes, restaurants and pubs, as well as antique stores and river walks.

Additional Information

EPC: Currently "F" but in the process of being upgraded to "E" or above. The Owner has qualified for an Eco4 Grant to cover the energy rating upgrade which may include air source heat pump, floor and wall insulation and solar panels.

Rent: £750pcm (last increase Feb 2025). Next rent review Feb 2027

Tenant: Retired Husband and Wife