House For Sale £350,000
Jepp Hill, Barnoldswick, BB18

Looking for a smart investment opportunity in the heart of Barnoldswick? This freehold sale of six, self-contained flats, currently tenanted and generating an annual income of £25,890, presents a golden prospect for investors seeking a stable and lucrative addition to their portfolio.

Nestled in the heart of Barnoldswick, this sale offers a unique opportunity to acquire the freehold of a property housing six self-contained flats.

Presently serving as a lucrative investment, all six flats are currently occupied, solidifying its status as a going concern. The layout is intelligently arranged, featuring three ground-floor and three first-floor flats, collectively generating an annual income of £25,890.

Designed for optimal functionality and convenience, the flats have been well-maintained, with some benefiting from recent modernisation. The majority of the units are in good condition, ensuring a smooth transition for the prospective buyer. Notably, one of the flats require remedial work, presenting an opportunity for enhancement and adding potential value.

The current tenancy agreements underscore the property's investment appeal, guaranteeing a consistent income stream for the savvy investor. With a guide price of £350,000, this opportunity boasts an attractive yield of 7.39%, showcasing its strong financial viability in the current market.

Positioned centrally, the property is well-connected to local amenities, making it a sought-after location for tenants. Beyond the immediate financial gains, the strategic location contributes to the property's value and desirability. Whether you're an astute investor or someone looking for a stable and profitable venture, this offering promises a secure and rewarding addition to your property portfolio.

EPCs:
Flat A:
Flat B:
Flat C:
Flat D:
Flat E:
Flat F:
NB: VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY