- TENANT IN SITU +
- RENTAL INCOME: £346 PCM (APPROX. 4.15% YIELD) +
- TWO BEDROOMS / TWO RECEPTION ROOMS +
- FITTED KITCHEN AND FAMILY BATHROOM +
- ENCLOSED REAR GARDEN +
- CLOSE TO LOCAL SHOPS, SCHOOLS, AND TRANSPORT LINKS +
- COUNCIL TAX BAND A +
- EPC RATING: D +
- TENURE: LEASEHOLD +
Portfolio Properties are pleased to bring to market this well-located two-bedroom terrace, positioned just a short walk from Bacup town centre. The property is currently tenanted and generating £346 per month, giving an approximate rental yield of 4.15%, making this a ready-made investment with income from day one.
The ground floor features two reception rooms and a fitted kitchen with access to an enclosed rear garden. Upstairs, there are two bedrooms and a family bathroom. The home also benefits from gas central heating and double glazing throughout.
Bacup remains a popular rental location due to its affordability, access to amenities, and strong transport links to Rawtenstall, Rochdale, Burnley and Manchester. The area enjoys steady demand from long-term renters, supported by the town's community atmosphere and surrounding countryside.
This property represents a straightforward addition to an investment portfolio, with reliable rental demand and a central location. It may also appeal to first-time buyers who would like to update and personalise their first home over time.
Viewings & Next Steps
Properties at this price attract strong interest. For investors and serious buyers, we recommend early inspection to evaluate rental rates, refurbishment costings and yield assumptions.
Early viewing is highly recommended as the photos don't fully capture the quality and character of this conversion
Disclaimer - Portfolio Properties believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof.
The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/herself of all measurements prior to purchase.
Before we can accept an offer for any property, we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property, we will require proof of funds.
You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Portfolio Properties will not be held responsible for any failure to disclose any such defects.