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Derby Street, Colne BB8 3 bed terraced house for sale
Derby Street, Colne, Lancashire, BB8
£100,000
Derby Street, Colne, Lancashire, BB8
£100,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 3-bedroom mid-terrace house in Colne is an attractive investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £6,840 with a tenant already in situ, and has the potential to earn more in future years. The well-kept home features a spacious lounge, kitchen, bathroom, and rear garden space, as well as street parking. The current tenants have been living in the property for several years and have a good track record of paying their rent on time, with no intention to move out. With its strong rental returns and existing tenant, this property offers a worthwhile addition to an investor's portfolio.