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