3 bedroom terraced house

Branch Road, Blackburn BB24JZ

Size: sqm

Purchase price

£124,500

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,900
Ground rent £20
Net income £6,880
Gross yield 5.61%
Net yield 5.59%

This truly wonderful mid-terraced property will make an excellent buy-to-let investment, being sold with a long-term tenant in situ yielding an impressive 5.53% NET. It is ideally located in one of Blackburn’s most popular residential areas, immaculately presented throughout and consists of entrance hallway; two reception rooms; fully-fitted kitchen; three good-sized bedrooms and a family bathroom with three-piece suite. To the rear of the property is an enclosed, low-maintenance yard accessible by patio doors and ample parking is available at the nearby car park at the end of the road.

Blackburn is a large industrial town in Lancashire, 8 miles from Preston and 21 miles from Manchester. Branch Road itself is perfectly positioned less than 15 minutes from Blackburn town centre, which is quickly becoming a shopping hotspot thanks to recent investment totalling £66million in The Mall shopping centre and there are plenty of leisure and entertainment venues to choose from. The area is well served by road links to Darwen, Bolton and the M65 which makes commuting or travelling to the North West and further afield a breeze.

Blackburn has recently secured a £320 million investment deal to promote economic growth, create up to 11,000 jobs and attract billions of private investment. Plans include The Pennine Gateways project which will improve infrastructure at the main gateways into Blackburn via the M65, with hopes to attract development opportunities, business and jobs. Such plans mean there will always be a strong demand for rental properties in Blackburn and therefore it’s a fantastic location for property investment. In addition to this, sold prices in the postcode of BB2 4JZ over the last year were 9% up on the previous year which makes it a brilliant choice for capital growth.

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY YIELDING ABOVE 5%! Wonderful three-bedroomed mid terraced property in popular residential location in Blackburn, don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Generate instant income

Key features

Immaculately presented mid terrace

Key features

Three good-sized bedrooms

Key features

Two spacious reception rooms

Key features

Fully-fitted kitchen

Key features

Patio doors leading to enclosed rear yard

Key features

Excellent transport links

Key features

Close to Blackburn town centre

Key features

Sold prices in the postcode 9% up in the last year

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY YIELDING ABOVE 5%! Wonderful three-bedroomed mid terraced property in popular residential location in Blackburn, don't miss out and enquire today. More info...

This truly wonderful mid-terraced property will make an excellent buy-to-let investment, being sold with a long-term tenant in situ yielding an impressive 5.53% NET. It is ideally located in one of Blackburn’s most popular residential areas, immaculately presented throughout and consists of entrance hallway; two reception rooms; fully-fitted kitchen; three good-sized bedrooms and a family bathroom with three-piece suite. To the rear of the property is an enclosed, low-maintenance yard accessible by patio doors and ample parking is available at the nearby car park at the end of the road.

Blackburn is a large industrial town in Lancashire, 8 miles from Preston and 21 miles from Manchester. Branch Road itself is perfectly positioned less than 15 minutes from Blackburn town centre, which is quickly becoming a shopping hotspot thanks to recent investment totalling £66million in The Mall shopping centre and there are plenty of leisure and entertainment venues to choose from. The area is well served by road links to Darwen, Bolton and the M65 which makes commuting or travelling to the North West and further afield a breeze.

Blackburn has recently secured a £320 million investment deal to promote economic growth, create up to 11,000 jobs and attract billions of private investment. Plans include The Pennine Gateways project which will improve infrastructure at the main gateways into Blackburn via the M65, with hopes to attract development opportunities, business and jobs. Such plans mean there will always be a strong demand for rental properties in Blackburn and therefore it’s a fantastic location for property investment. In addition to this, sold prices in the postcode of BB2 4JZ over the last year were 9% up on the previous year which makes it a brilliant choice for capital growth.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Generate instant income
    Tick Desktop Immaculately presented mid terrace
    Tick Desktop Three good-sized bedrooms
    Tick Desktop Two spacious reception rooms
    Tick Desktop Fully-fitted kitchen
    Tick Desktop Patio doors leading to enclosed rear yard
    Tick Desktop Excellent transport links
    Tick Desktop Close to Blackburn town centre
    Tick Desktop Sold prices in the postcode 9% up in the last year
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,900
Ground rent £20
Net income £6,880
Gross yield 5.61%
Net yield 5.59%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.