2 bedroom block of apartments for sale

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2 bedroom block of apartments for sale

Bacup Road, Rossendale BB4
£195,000

Price History

Initial price £245,000
11/10/24 £241,000
18/10/24 £220,000
26/10/24 £216,000
01/11/24 £210,000
07/11/24 £206,000
14/11/24 £202,000
21/11/24 £198,000
28/11/24 £195,000
Price Change -20.41%

Description

This property investment opportunity in Bacup Road, Rossendale, consists of a commercial unit and two studio flats, currently occupied by tenants generating a steady annual gross income of £22,800. With the potential to increase the rent to a market rate of £25,200, this property offers a worthwhile addition to an investor's portfolio. The studio flats feature kitchens, bathrooms, and one has an attic, while the commercial unit has one bathroom. The property is currently managed, and the seller is committed to a smooth transaction process, making it an attractive opportunity for investors looking to expand their property portfolio.