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House For Sale £139,100
Livesey Branch Road, Blackburn BB2


Description
Tenanted investment property - not suitable for owner-occupiers

This wonderful four bedroom mid terrace HMO property briefly comprises; entrance hallway leading to the first of the four bedrooms: A fully fitted kitchen with all appliances included. Upstairs, you will find a family sized bathroom and three further bedrooms. The property is currently undergoing a significant scheme of refurbishment (full details available upon request) to ensure the property meets all guidelines of a functioning HMO property and will be let to a blue chip company on a 7 year contract to ensure a fully hands off investment model. The property also benefits from a great sized yard to the rear.

The property is perfectly situated local to all amenities and benefits from being a short 7 minute drive to the town centre, as well as being only 12 minutes from Blackburn Station, offering direct routes to major cities such as Leeds, Blackpool and Manchester.

Blackburn is a town in Lancashire, England. It lies to the north of the West Pennine Moors on the southern edge of the Ribble Valley, nine miles east of Preston. The town has recently been named the top town for buy to let investments in the UK, after average rental yields rose from 4.13% to 5.69% – an increase of an astonishing 37.8%. The town is continuing to grow with a £30m town centre regeneration project well underway, with newly built major hotels, restaurants and bars, adding further value to the area, with no plans of slowing down!

**Please note the pictures used in this listing are for marketing purposes only and are not all from the actual property, further details can be provided upon request**

Financial Breakdown

Assured rent: £11,128
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £11,128
Assured until: Nov 2028
Assured yield: 8%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-17046

Follow the link for more information:
        
zoopla.co.uk

  
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