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South Shore Street Apartments, Church, Accrington

£825,000

15 Bedroom Apartment for sale in Accrington

15
  • UNIQUE INVESTMENT OPPORTUNITY
  • BLOCK OF 15 STUDIOS/FLATS
  • MODERN THROUGHOUT
  • 8.1% GROSS YIELD
  • RENTAL INCOME 65K PER ANNUM
  • PARKING FACILITIES
  • COURTYARD WITH GATED ACCESS
  • UNDERGONE A FULL REFURBISHMENT IN 2013
  • 13 STUDIO FLATS
  • TWO 1 BEDROOM FLATS

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. 

Property Ref: 60065_100481005823

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Ainsworth Lord Estates (Darwen)

49 Market Street, Darwen, Lancashire, BB3 1PS

01254 760 660

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