2 bedroom house of multiple occupation for sale

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2 bedroom house of multiple occupation for sale

Bacup Road, Rossendale (district Of), Lancashire, BB4
£198,000

Price History

Initial price £245,000
12/10/24 £241,000
18/10/24 £220,000
25/10/24 £216,000
01/11/24 £210,000
07/11/24 £206,000
14/11/24 £202,000
21/11/24 £198,000
Price Change -19.18%

Description

This property in Bacup Road, Rossendale, consists of two studio flats and a commercial unit, with tenants already in place, generating a steady annual gross income of £22,800. The studio flats each have a kitchen, bathroom, and parking spaces, while the commercial unit has a bathroom and a studio flat with an attic. The current landlord is earning a rewarding rental return, and the property has the potential to increase its income to £25,200 with market-rate tenants. The purchase price offers a worthwhile addition to an investor's portfolio, and further details on the property's investment potential can be found in the Let Property Pack.