2 bed terraced house

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2 bed terraced house

Albert Terrace, Bacup, Rossendale OL13
£110,000

Our Summary

  • Investment Opportunity A smartly presented double-fronted end-terraced cottage, offered with a reliable sitting tenant in place, providing immediate rental income upon completion

Description

This charming double-fronted end-terraced cottage is a prime investment opportunity, with a reliable sitting tenant in place, providing immediate rental income. The property has been well maintained and is presented in excellent decorative order throughout, featuring gas central heating, uPVC double glazing, and a modern kitchen with integrated appliances. The spacious living room and two generous double bedrooms make it an attractive home for long-term tenants. With the current tenant paying £525 per month, the property produces an annual income of £6,300, offering an attractive gross yield of around 5.7% based on the £110,000 asking price. The property is ideally located within walking distance of Bacup town centre, with access to local shops, services, and transport links, making it an appealing investment opportunity for both experienced landlords and first-time investors.