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Studio, in Preston New Road, £270,000
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0 bed property

Preston New Road, Blackburn. Lancs BB2 6BH
Auction Cash Buyers
£270,000

Our Summary

  • Auction sale
  • Cash buyers only
  • *For sale by modern method of auction* With high rental demand, strong occupancy levels, and a superb yield of over 12% fully occupied, this turnkey investment offers an outstanding opportunity for both new and experienced landlords

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Description

The property is a freehold block of five modern apartments located on Preston New Road, close to Blackburn town centre and excellent transport links. The development includes a two-bedroom basement apartment, two one-bedroom ground floor apartments, and two two-bedroom duplex apartments, each with a master bedroom in the attic. The apartments have been beautifully renovated to a contemporary standard and are highly sought after by professional tenants, with steady rental income exceeding 12% when fully occupied.