Eastgate, Accrington, Lancashire, BB5 6PW
0 Bedroom Apartment
£3,000,000
Guide Price
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Eastgate, Accrington, Lancashire, BB5 6PW
£3,000,000
Guide Price
Property Summary
APARTMENT BLOCK FOR SALE! FANTASTIC INVESTMENT OPPORTUNITY! 45 SELF CONTAINED UNITS WITHIN BLOCK!
A rare opportunity to acquire a brilliant investment property in a prime town centre location consisting of 45 self-contained apartments. The apartments are a mix of studio, 1-bed and 2-bed apartments and there has been no less than 95% occupancy rate since 2020. At full capacity the annual rental income is in excess of £290,000.
The property has undergone substantial improvements since 2020 including a new roof and re-sealing of all external windows. The roof would lend itself to solar panels* and there is communal space on each floor which would allow for vending machines with the basement ideal for a laundry room, all of which could provide additional income streams.
The property also benefits from secure, intercom entry system and the car park is allocated to occupants of Melbourne House on a first-come, first-served basis.
Viewings are available strictly by appointment. Please contact Jordan & Halstead Asset Management for more information and viewing enquiries.
*subject to scheme suitability and approval.
A rare opportunity to acquire a brilliant investment property in a prime town centre location consisting of 45 self-contained apartments. The apartments are a mix of studio, 1-bed and 2-bed apartments and there has been no less than 95% occupancy rate since 2020. At full capacity the annual rental income is in excess of £290,000.
The property has undergone substantial improvements since 2020 including a new roof and re-sealing of all external windows. The roof would lend itself to solar panels* and there is communal space on each floor which would allow for vending machines with the basement ideal for a laundry room, all of which could provide additional income streams.
The property also benefits from secure, intercom entry system and the car park is allocated to occupants of Melbourne House on a first-come, first-served basis.
Viewings are available strictly by appointment. Please contact Jordan & Halstead Asset Management for more information and viewing enquiries.
*subject to scheme suitability and approval.