Available
Blackburn – 2 Flats
290 & 290A Accrington Road, Blackburn BB1 2ANFreehold 2 Flats Investment
Price
£159,000
Rent P.A.
£4,440
Yield
ERV: £9,540
Tenure
Freehold
Area
750 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- ERV: £9,540 p.a. GIY: 6.00%
- Comprises mid-terraced property arranged as 2 self-contained flats
- Situated close to the junction between Accrington Road and Whitebirk Road with local retailers nearby including convenience store, barbers, pub, restaurant/takeaways and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises two-self contained flats with communal garden and separate entrances at the front and rear, providing the following accommodation and dimensions:
Ground Floor: Flat 290 36 sq m (390 sq ft)
Kitchen/Living Room, Bedroom, Bathroom
First Floor: Flat 290A 33 sq m (361 sq ft)
Kitchen/Living Room, Bedroom, Bathroom
Ground Floor: Flat 290 36 sq m (390 sq ft)
Kitchen/Living Room, Bedroom, Bathroom
First Floor: Flat 290A 33 sq m (361 sq ft)
Kitchen/Living Room, Bedroom, Bathroom
Tenancy Description
Flat 290A is at present let on AST since 2019 (Holding Over) at a current rent of £4,440 p.a.
Flat 290 is at present vacant. ERV: £5,100 p.a.
Flat 290 is at present vacant. ERV: £5,100 p.a.
Tenancies & Accommodation
Location Description
Blackburn is an major industrial town in Lancashire, England. The property benefits from excellent transport connections, with several bus stops located within a short walking distance providing direct services to the town centre. Situated close to the junction between Accrington Road and Whitebirk Road with local retailers nearby including convenience store, barbers, pub, restaurant/takeaways and more.