Investment Flats, Rolleston Rd. Blackburn, BB2

INVESTMENT OPPORTUNITY!***TWO TENANTED 1 BED FLATS IN GOOD CONDITION*** EXCELLENT LONG TERM SITTING TENANTS IN BOTH FLATS*** GOOD YIELD*** STRONG DEMAND AREA** AVAILABLE NOW

FULL DESCRIPTION

Ainsworth Lord Estates are delighted to offer for sale two large one bedroom flats located on Rolleston road, Blackburn. What sets this property apart is the presence of long-term sitting tenants, making it a hassle-free investment opportunity that promises a good yield. The flats are in good condition, ensuring that you can enjoy a seamless transition into ownership without the need for immediate renovations.The property is currently bringing in a total monthly income of ?850pcm however there is a scope to increase this to current rental market value. Furthermore a rent increase on both properties to market value would archive a monthly income of ?1100pcm taking your yield to roughly 9%. Flat 1 -This flat is tenanted and the rent is ?400pcm, the tenant has been in the property since 2020.Flat 2 - This flat is tenanted and the rent is ?450pcm, the tenant has been in the property since 2018.Both flats pay a service charge to the Twin Valleys, flat 1 pays a monthly fee of ?21.14 and flat 2 pays a monthly fee of ?12.71. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising venture, these tenanted flats offer a compelling proposition. Don't miss out on the chance to own a property that not only provides a steady income stream but also comes with the convenience of already established tenancies.Both properties are being sold together there is no option for the properties to be bought separately. APPOINTMENT ONLY.ALSO, PLEASE BE ADVISED THAT WE HAVE NOT TESTED ANY APPARATUS, EQUIPMENT, FIXTURES, FITTINGS OR SERVICES AND SO CANNOT VERIFY IF THEY ARE IN WORKING ORDER OR FIT FOR THEIR PURPOSE.NOTE TO BUYERS....If you need to sell your property to make this purchase then speak to us. We would be happy to discuss the various options you have. We could start with a Free Market Appraisal/Valuation.We have dozens of Cash Rich Buyers looking for properties like this to acquire..... who knows perhaps we could get them to make an offer on yours? Give us a call and let's see how we can get you moving.Or, perhaps you don't really need to sell the house you're in? Have you considered this? You'd be surprised at the options available to you.NOTE TO INVESTORS:If you are looking for more properties like this we strongly recommend you register with us as soon as possible.We get loads of properties like this and they do tend to get snapped up pretty quick, usually by investors that have already registered with us.Registered Investors also receive a 'Trade Discount' our Selling, Letting & Management Fees. So once you have completed your refurb we will sell or rent your property for you on preferential terms, increasing your profits further!Registering with us is easy:The best way is to call in and meet our team, so we can learn what it is you are really looking for, and what your plans are.... all investors' requirements are different - we get that.Once we know this, we can then send you the details of properties that match your needs as soon as we are instructed - so you will be first to find out about them.We are also happy to advise and offer a second opinion to our registered Investors who are looking to buy properties from other agents - with no strings attached. Buying right is important.We recommend Landlords and Investors check out the DarwenPropertyBlog there are lots of good deals on there from us and other local agents.FREE - MORTGAGE ADVICE:For Re-Mortgages, Buy-To-Let Mortgages, and other Residential Mortgages. (Even for people with a poor credit rating).NEVER PAY FOR MORTGAGE ADVICE. THERE IS NO NEED TO.Our Mortgage Advisors - London & Country are one of the largest mortgage brokers in the UK, and have access to more lenders than other local mortgage providers, giving you more choice and potentially saving you thousands of pounds.PLUS...Our clients receive a FREE INSURANCE VOUCHER to cover your survey and legal fees in the event your purchase falls through.We are not aware of any other agent offering this extra bonus.Contact us to arrange a call from our mortgage brokers - at a time to suit you, including evenings and weekends.Copyright Reserved. You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the agent's express prior written consent. The agent's copyright must remain on all reproductions of material taken from this website. All measurements are approximate.