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2 bedroom terraced house for sale
Elmfield Street, Accrington, Lancashire, BB5
£100,000
Elmfield Street, Accrington, Lancashire, BB5
£100,000
Our Summary
- With an existing tenant in situ and excellent rental potential, this property provides immediate returns with scope for future growth
- 1% Comparable Property Sales: Tenancy Status: Let on a rolling contract - ideal flexibility for future rent reviews Rental Upside: Potential to increase rent in line with market rates Tenure: Leasehold - approximately 880 years remaining Council Tax Band: A Property Features 2 Spacious Bedrooms Mid-Terraced Layout - Easy to maintain Modern Kitchen & Bathroom Gas Central Heating Double Glazed Windows Low-maintenance rear yard Investment Potential Located in an area with strong rental demand Close to local amenities, schools, and transport links Long lease ensures a low-maintenance legal structure Ideal for portfolio landlords and first-time investors Location Benefits Elmfield Street is well-positioned for easy access to Accrington town centre, local shops, and transport connections
- Buy-To-Let Investment Opportunity
Description
This 2-bedroom mid-terraced property in Accrington is a fantastic opportunity for buy-to-let investors, offering immediate rental income and potential for future growth. With an existing tenant in place, the property provides a low-risk entry into the rental market, with a current rental income of £476 PCM and a potential rental income of £675 PCM. The property boasts modern kitchen and bathroom facilities, gas central heating, and double glazed windows, making it an attractive option for long-term tenants. The location is convenient for local amenities, schools, and transport links, ensuring ongoing rental demand. With a long lease and low-maintenance rear yard, this property is an ideal investment for portfolio landlords and first-time investors alike, offering a potential gross yield of 8.1%.