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St. James Square / Tower Street... 3 bed apartment for sale
St. James Square / Tower Street, Bacup, Rossendale OL13
£250,000
St. James Square / Tower Street, Bacup, Rossendale OL13
£250,000
Our Summary
- Great Scope To Improve Current Rental Yield
Description
This mixed-use property portfolio in Bacup, Lancashire, consists of a high street retail shop and three apartments, including a studio and two one-bedroom units. The retail unit is currently leased, as are two of the apartments, with the studio currently vacant. The apartments have a separate communal entrance and stairway, and the shop is accessed from St James Square. The property is located in an improving town centre with regeneration plans underway, offering potential for increased rental yields in the future. The asking price is not specified, but the agent notes that the property has a predicted fully occupied yield of 8.5-9%.