Instantly find listings for sale in your area

" HIGH YIELDING INVESTMENT OPPORTUNITY*** BLOCK OF FLATS WITH 3 BEDSITS CREATED FROM 2 MID TERRACED PROPERTIES*** ALL CURRENTLY TENANTED*** CURRENTLY PRODUCING A GROSS RENTAL INCOME OF £24,600 PA 10% *** WITH SOME SLIGHT MODIFICATION WE CAN GET THIS TO 12% ***PROPERTY IN GOOD CONDITION*** SERIOUS BUYERS ONLY

Ainsworth Lord Estates are delighted to be the Sole Selling agents on this High Yielding Investment Opportunity in Darwen Lancashire.

We are offering a block of 4 spacious flats, created from three traditional, stone built, terraced properties, and one of the flats has been made into 3 Bedsits.

2 x 2 Bedroom Flats one of these flats has been made in to 3 Bedsits AND
2 x 1 Bedroom Flats

All 4 Flats are currently Tenanted with robust ASTs in place.

366 First Floor Flat
This flat is currently rented out for £700 pcm.

366 Ground Floor Flat
This flat is currently rented out for £450 pcm however their is scope to increase this to the current market value.

368 First Floor Flat
This flat is currently rented out for £450 pcm however their is scope to increase this to the current market value.

368 Ground Floor Flat
This flat is currently rented out for £450 pcm however their is scope to increase this to the current market value.

Current Monthly Rental Income is £2050 £24,600 pa , delivering a healthy yield of 10% gross

There is scope to significantly increase the income on these units after some minor modification.
Once modified, we are confident we can increase the Monthly Income to £2,405 £28,860 pa . Delivering an increased Yield of 12% gross .

These flats have rented well over the years with minimum voids, due to the following reasons

Location
Condition
Correct Pricing
Effective Marketing

Demand for this type of rental property is very strong, and getting stronger.

We are currently the Managing Agents on this property and would be delighted to continue with this subject to our Terms of Business.

Interested? Thought you would be....

We welcome interest from serious buyers, and expect you to have funds or finance in place before you contact us for more information.

We regret we can not permit viewings unless you are in a position to proceed. Our in house finance broker may be able assist you with this.

Also, pleased be advised it may not be possible to view all the flats at the same time as they are tenanted. We do however have a full photographic inventory that was compiled recently.

Interested in more of this kind of Investment Property? read on....

We have a steady supply of this kind of property and other similar super yielding investments. Very often these properties are sold off market and are never advertised.

To be added to our Investors List please email us with your details and include the following information

Your full Name
Address
Full contact details email phone etc
Budget
Whether Cash or Finance
Basic details of the type of properties you are looking for
Time scales ready now, or in next 3 or 6 months etc
Best time to contact you.

Then our Lettings and Investment Director will contact you to discuss your requirements in more detail.

Useful Information

Looking for other Property Investment Opportunities in Darwen or East Lancashire, well your in the right place.

Why not visit DarwenPropertyBlog.co.uk

We talk about what is happening in the Darwen property market itself, even looking at specific streets and estates in Darwen.
At other times, we will post what we consider decent buy to let deals in the town. Some will be on the market with us, but most will be on the market with other estate agents in Darwen.
We like to look at the whole of market and give you, what we consider the best investment opportunities, regardless of which agent is selling it.

Alternatively, if you have seen another investment property up for sale with another agent in the Darwen area and would like a second opinion, why not contact us for a chat. We re always happy to help.

Copyright Reserved. You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the agent s express prior written consent. The agent s copyright must remain on all reproductions of material taken from this website.

"