£144,440
1 bed flat for saleHigh Street, Blackburn BB1
1 bed
1 bath
- Leasehold
Knight Knox
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About this property
Cash Only Purchase – Chaucers Walk is an excellent opportunity to invest in an income-generating block of 37 apartments in the mining town of Blackburn.
Currently generating an impressive 10% yield, this apartment block is currently being leased by a non-profit housing company under a fully internally repairing insurance (firi) lease that also includes annual Consumer Price Index (cpi) increases, maximising the scope for growth in rental income every year.
With prices starting at £144,440, this cash only investment is expected to appeal to both the UK and international markets
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