print page

South Shore Street Apartments, Church, Accrington

For Sale POA

South Shore Street Apartments, Church, Accrington - Photo 1
Church, Lancashire Church, Lancashire Church, Lancashire Church, Lancashire
15 bedrooms |

UNIQUE INVESTMENT OPPORTUNITY** BLOCK OF 15 FLATS & STUDIOS FOR SALE ** UNDERGONE A FULL REFURBISHMENT IN 2013 ** GROSS YIELD 8.1% ** RENTAL INCOME £65K PER ANNUM ** ALL FLATS HAVE MODERN FITTED KITCHENS AND SHOWER ROOMS ** COURTYARD WITH GATED ACCESS **

LOCATION These flats are within easy reach of Accrington Town Centre and approx 300 yards from the local Train Station. The M65 motorway is a short drive away.

DESCRIPTION Situated in a busy residential area in Church, to the South East of Accrington, Lancashire. This former Club House and adjoining terraced properties were converted into Flats & Studios several years ago.

Having attracted predominantly Professional lets over the years these properties appeal to a broad audience.

COMPRISED OF:

13 Modern Studio Apartments

2 x 1 Bedroom Flats

Large Basement (not currently utilised) Shared Laundry Room (with token operated Washer/Dryers)

Courtyard with Gated Access All flats have Modern Fitted Kitchens & Modern Shower Rooms

High Energy Efficient Electric Heaters

Instant Hot Water

Communal Satellite Installation & Wifi Pre-Pay Electric Meters for Each Apartment

Double Glazed (The 2 x 1 Bedroom Flats have slight variations to these specifications)

With Managing Agent in Place

Gross annual rental inc- £65000

Gross Yield at full occupancy 8.13%

PARKING NOTES There is a car park to the rear of the property for residents

VIEWING Viewings are through Ainsworth Lord Estates.