- Reliable tenant in place from completion +
- Immediate rental income, £525 per month +
- Gross yield approximately 5.7% per annum +
- Well-presented double-fronted end terrace +
- Modern kitchen with integrated appliances +
- Two spacious double bedrooms, family bathroom +
- Close to Bacup centre and countryside +
- EPC: D +
- Tenure - Leasehold 999 years less 10 days from 1 January 1873 +
Investment Opportunity A smartly presented double-fronted end-terraced cottage, offered with a reliable sitting tenant in place, providing immediate rental income upon completion. EPC: D
Warmed by gas central heating and uPVC double glazing, this attractive home has been well maintained and is presented in excellent decorative order throughout. It represents an ideal opportunity for both experienced landlords looking to expand their portfolio and first-time investors seeking a turnkey property with a proven tenancy.
The welcoming entrance hallway offers ample space for coats and shoes, with stairs rising to the first floor. To the right, the spacious living room provides a comfortable area to relax and unwind. To the left, the large dining kitchen features a stylish range of modern wall and base units, integrated appliances, and plenty of space for a family dining table. A PVC door leads out to the rear courtyard.
Upstairs, there are two generous double bedrooms, both front-facing and surprisingly spacious for a home in this price range. The three-piece family bathroom includes a panelled bath with shower over and folding screen, pedestal wash hand basin, and WC.
The property is ideally positioned within easy walking distance of Bacup town centre, offering access to a range of local shops, services, and transport links, as well as open countryside and Maden Park nearby — appealing features for long-term tenants.
With the current tenant paying £525 per calendar month, the property produces an annual income of £6,300, equating to an attractive gross yield of around 5.7% based on the £110,000 asking price. With the tenant keen to remain in occupation, this is a ready-made, low-maintenance investment offering instant returns and long-term stability.
As our clients wish to retain the existing tenant, investment purchasers only will be considered.