- 2 HUGE 4 BED FLATS +
- APPROX 12% GROSS YIELD +
- BOTH FLATS RENTED AT £800PCM = £1600PCM = £19,200 PA +
- SERIOUS BUYERS ONLY - IF INTERESTED WE WILL EXPECT YOU TO SHOW COMMITMENT +
- RUNNING INVESTMENT OPPORTUNITY +
- SUPERB LOCATION, WATERY LANE, SPRINGVALE, DARWEN +
- CHECK OUT ALL THE PICTURES AND PLANS AND FOR AN INTERNAL VIEWING USE THE VIRTUAL TOUR +
- IDEAL FOR LANDLORDS +
- NO CHAIN +
- VIEWINGS ARRANGED BY APPOINTMENT WITH PROPERTY SHOP +
ATTENTION LANDLORDS! 2 LARGE 4 BED FLATS*CURRENTLY TENANTEDRUNNING INVESTMENT PRODUCING £1600 PCM (11.5% YIELD) STRONG DEMAND AREA**ALL COMPLIANCE AND SAFETY CERTIFICATES IN PLACE
Property Shop are delighted to offer for sale 2 large flats located on Watery Lane, Springvale, Darwen.
Situated in a desirable location, this property offers the potential to generate income from day one as the flats are tenanted, with each tenant paying £800 pcm.
This means the property is currently producing £1600 pcm (£19,200 PA) which is a yield of approx 12% (with scope to increase).
Buyers Should Take Note:
At the time of listing (June 25) the LHA Rate for a 4 bed property is currently £182.96 p/wk (£792.83pcm)
with the rate for a 5 bed property not being published.
Ground Floor Fat
A great size 4 bedroom apartment with Lounge, Kitchen, Rear Yard, 4 Bedrooms & Bathroom.
First Floor Flat
Yet again another huge 4 bedroom apartment with Lounge, Kitchen & Bathroom . 4 Bedrooms however the utility room could be used to make this a 5 Bed apartment.
Both properties are being sold together there is no option for the properties to be bought separately.