Our Summary

For sale by Auction on 29 July 2026

Following improvements, the rents have significant scope to be increased, providing a higher yield

15 acres, and this could be kept as gardens or a buyer could look to repurpose the land, subject to the necessary consents

Draft Sales Particulars These sales details are awaiting vendor approval Tenure: Leasehold EPC Rating: Awaited Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type

All sales are subject to our Common Auction Conditions and Bidder Terms

Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1

Description

A cluster of properties occupies the cul de sac of Alexandra Road, Blackburn, with the main three-storey outbuilding sitting to the rear of 91 Alexandra Road. The outbuilding was converted into residential addresses and features a six-storey water tower. The site is fully occupied by a mix of regulated and standard tenancies, with rent agreements available to download, and the overall rent value is £17,280 per annum.

The main building shows some external cracks, and there is an adjoining plot of land to the west, approximately 0.15 acres in size, which can be used as gardens or repurposed with necessary consents. The main building, 4 Alexandra Mews, and the plot of land can be accessed through the cottage at 4 Alexandra Mews. The location is well-positioned next to Corporation Park, Queen Elizabeth's Grammar School, and Blackburn Golf Club, just one mile north west of Blackburn town centre.

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Our Summary

Description