£214,000

Block of flats for sale

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Fixed price

£214,000

(£285.33/sq. ft)

Block of flats for sale

Accrington Road, Blackburn BB1

750 sq. ft

Local area information

Property location

Nearby amenities

  • Shadsworth Infant School 0.2 miles
  • Intack Primary School 0.3 miles
  • Blackburn 1.4 miles
  • Rishton 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Investment Consideration:
Gross Initial Yield: 7.00%
Rental Income: £15,000 p.a.
VAT is not applicable to this property
Comprises mid-terraced property arranged as 2 newly refurbished self-contained flats
The property is within walking distance (1 mile) of Royal Blackburn Teaching Hospital and current and previous tenants are Doctors or Nurses employed at the hospital
Situated close to the junction between Accrington Road and Whitebirk Road with local retailers nearby including convenience store, barbers, pub, restaurant/takeaways and more.

Property Description:
The property comprises two-self contained flats with communal garden and separate entrances at the front and rear, providing the following accommodation and dimensions:
Ground Floor: Flat 290 36 sq m (390 sq ft)
Kitchen/Living Room, Bedroom, Bathroom
First Floor: Flat 290A 33 sq m (361 sq ft)
Kitchen/Living Room, Bedroom, Bathroom

Tenancy:
Flat 290 is at present let on AST to an Individual for a term of 12 Months from 28th September 2024 at a current rent of £7,800 p.a. Deposit held of £750.
Flat 290A is at present let on AST to an Individual for a term of 12 Months from 13th November 2024 at a current rent of £7,200 p.a. Deposit held of £692.30.

Location:
Blackburn is an major industrial town in Lancashire, England. The property benefits from excellent transport connections, with several bus stops located within a short walking distance providing direct services to the town centre. Situated close to the junction between Accrington Road and Whitebirk Road with local retailers nearby including convenience store, barbers, pub, restaurant/takeaways and more.

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Property descriptions and related information displayed on this page are marketing materials provided by - Blue Alpine Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Lancashire
  4. Ribble Valley
  5. Blackburn
  6. Accrington Road