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House For Sale £130,000
Pine Street, Haslingden BB4


Description
Pure Investor are delighted to bring to the market this 3-bedroom mid terraced property at Pine Street, Haslingden, Rossendale BB4. The property offers 3 double bedrooms with a good-sized living and dining room, there is a rear extension where the kitchen is located. The property has recently undergone some modernising with the roof and chimney stack being repaired, cast iron gutters being installed to the rear and the flat roof of the extension being replaced. The current landlord is just in the process of putting a new tenant into the property and is looking to achieve between £845 - £875pcm in rent.

Full address: 39 Pine Street, Haslingden, Rossendale BB4 5nd

Reasons to invest in Rossendale:
- Beautiful Natural Landscape: Rossendale is located in the Forest of Rossendale, an area of outstanding natural beauty that attracts tourists and outdoor enthusiasts, providing investment opportunities in tourism and leisure.
- Growing Economy: The local economy has been growing in recent years, driven by industries such as advanced manufacturing and technology, providing potential investment opportunities.
- Strategic Location: Rossendale is strategically located near major cities such as Manchester and Leeds, with good transport links, making it an attractive location for businesses and investors.
- Affordable Housing: Compared to other areas in the North West, Rossendale has more affordable housing, making it an attractive location for first-time buyers and young families, providing investment opportunities in the property market.
- Investment in Infrastructure: The local government has made significant investments in infrastructure, including transport and housing, providing a favourable investment environment.
Education close to 39 Pine Street:
Primary Schools
- Fearns Community Sports College, Stacksteads, Lancashire.
- St Mary's rc Primary School, Rawtenstall, Lancashire.
- Bacup Thorn Primary School, Bacup, Lancashire.
- St James' CE Primary School, Waterfoot, Lancashire.
- St John's CE Primary School, Crawshawbooth, Lancashire.

Secondary Schools
- Fearns Community Sports College, Stacksteads, Lancashire.
- Bacup and Rawtenstall Grammar School, Rawtenstall, Lancashire.
- Haslingden High School, Haslingden, Lancashire.
- All Saints Catholic High School, Rawtenstall, Lancashire.
- Alder Grange Community and Technology School, Rawtenstall, Lancashire.

Type of property Mid Terraced
number of bedrooms 3
leasehold / freehold Leasehold (Peppercorn)
if leasehold how long is left 975 years
service charge £0.00
ground rent £0.00
letting managed or self managed Self-Managed
Name of letting agent if managed N/A
letting fees N/A

Current rental income £875.00 pcm
gross rental income £10,500.00 per annum
How long have the current tenants lived in the property for N/A

When does the current letting contract end Current tenants haven't moved in yet but will be doing very soon

gross rental income per annum £10,500.00
service charge per annum £0.00
ground rent per annum £0.00

net income per annum £10,500.00
gross yield 8.0%
net yield 8.0%

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

  
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