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AGENT'S DETAILS


Block of Tenanted Flats for Sale - Lancashire - Attractive Yield

For sale: POA|Flat, House, Other, Residential, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
ADDRESS1 South Shore St Apartments, South Shore Street, Accrington, BB5 0DZ
TYPEFlat, House, Other, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold, For Sale Leasehold
POSTED ON22nd May 2020

DESCRIPTION

Ainsworth Lord Estates, are delighted to be offering for sale this great investment opportunity.

Tenure: Freehold

LOCATION
These flats are within easy reach of Accrington Town Centre and approx 300 yards from the local Train Station. The M65 motorway is a short drive away.

DESCRIPTION
Situated in a busy residential area in Church, to the South East of Accrington, Lancashire. This former Club House and adjoining terraced properties were converted into Flats & Studios several years ago.
Having attracted predominantly Professional lets over the years these properties appeal to a broad audience.

COMPRISED OF:
13 Modern Studio Apartments
2 x 1 Bedroom Flats
Large Basement (not currently utilised)
Shared Laundry Room (with token operated Washer/Dryers)
Courtyard with Gated Access
All flats have Modern Fitted Kitchens & Modern Shower Rooms
High Energy Efficient Electric Heaters
Instant Hot Water
Communal Satellite Installation & Wifi
Pre-Pay Electric Meters for Each Apartment
Double Glazed

(The 2 x 1 Bedroom Flats have slight variations to these specifications)

With Managing Agent in Place

Gross annual rental inc- £65000

Gross Yield at full occupancy 8.13%
All Apartments are Tenanted.

PARKING NOTES
There is a car park to the rear of the property for residents

VIEWING
Viewings are through Ainsworth Lord Estates.

LOCATION

Location: 1 South Shore St Apartments, South Shore Street, Accrington, BB5 0DZ

Church & Oswaldtwistle (0.1 miles)

Accrington (0.9 miles)

Rishton (1.7 miles)

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