Albert Terrace, Bacup, Rossendale, OL13 2 bed terraced house for sale

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Albert Terrace, Bacup, Rossendale, OL13 2 bed terraced house for sale

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 an excellent investment opportunity, offering immediate rental income with a reliable sitting tenant in place. The property has been well maintained and is presented in excellent decorative order throughout, with gas central heating and uPVC double glazing. The spacious living room and large dining kitchen provide ample space for relaxation and dining, while the two generous double bedrooms and three-piece family bathroom offer comfortable accommodation. The property is situated within easy walking distance of Bacup town centre, with access to local shops, services, and transport links. The current tenant pays £525 per calendar month, producing an annual income of £6,300 and an attractive gross yield of around 5.7%. As the seller wishes to retain the existing tenant, investment purchasers only will be considered, making this a ready-made, low-maintenance investment offering instant returns and long-term stability.