Watkin Lane Lostock Hall PR5 5RD 1 bed terraced house for sale

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Watkin Lane Lostock Hall PR5 5RD 1 bed terraced house for sale

Watkin Lane Lostock Hall PR5 5RD
£150,000

Price History

Initial price £175,000
25/06/24 £150,000
Price Change -14.29%

Description

--- This property presents a dual-income opportunity with a commercial unit and a one-bedroom apartment situated above it. The commercial space on the ground floor, which fronts onto Watkin Lane in the heart of Lostock Hall, has been consistently rented to the same tenant for 14 years, generating a reliable monthly income of £550. The space includes a main shop area, a private office, a stock room, a kitchen, and a bathroom. Above, the one-bedroom apartment has been rented out for 15 years to the same tenant, yielding £475 per month. The apartment features a generous lounge, a double bedroom, a fitted kitchen, and a three-piece bathroom, offering a comfortable living space. The property's central location in a bustling village centre, surrounded by established businesses, makes it an attractive investment with potential for steady rental income.