House For Sale £70,000
This is an investment opportunity to purchase a terraced property in Blackburn generating £5,940 gross rent pa & a gross yield of 8.5%.
Leasehold information:
- Length of lease: 999 years
- Year lease started: 1871
- Years left on lease: 848 years (from 2022)
- Ground rent: N/a
- Ground rent review period: N/a
- Service charge: N/a
- Service charge review period: N/a
Property information:
- Split over 2 floors
- The ground floor comprises:
-- Lounge
-- Dining room
-- Bathroom
-- Kitchen
-- Rear yard with a gate leading out into the alleyway
- The first floor comprises:
-- 2 x double bedrooms
- Double-glazing throughout
- Gas central heating
- EPC rating D
- Council tax band A
- Monthly rental income £495
- The tenants have been in situ since October 2018
Location information:
- The property is located in the Rishton area of Blackburn
- Rishton High Street is less than a 5-minute walk away
- There is also a bus stop with regular services just a few steps from the property
- Easy access to the M65 via junction 7
Leasehold information:
- Length of lease: 999 years
- Year lease started: 1871
- Years left on lease: 848 years (from 2022)
- Ground rent: N/a
- Ground rent review period: N/a
- Service charge: N/a
- Service charge review period: N/a
Property information:
- Split over 2 floors
- The ground floor comprises:
-- Lounge
-- Dining room
-- Bathroom
-- Kitchen
-- Rear yard with a gate leading out into the alleyway
- The first floor comprises:
-- 2 x double bedrooms
- Double-glazing throughout
- Gas central heating
- EPC rating D
- Council tax band A
- Monthly rental income £495
- The tenants have been in situ since October 2018
Location information:
- The property is located in the Rishton area of Blackburn
- Rishton High Street is less than a 5-minute walk away
- There is also a bus stop with regular services just a few steps from the property
- Easy access to the M65 via junction 7
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