Unit of Four Apartments, George Street, Rishton, Blackburn

ATTENTION LANDLORDS! ** LARGE TERRACED UNIT WITH 4 TENANTED FLATS ** TWO 2 BEDROOM APARTMENTS & TWO 1 BEDROOM APARTMENTS ** ALL ON ROBUST LONG TERM AST'S ** 9% YIELD ** LARGE BASEMENT POTENTIAL TO CONVERT INTO MORE FLATS ** IDEAL RUNNING INVESTMENT

Full Description - Ainsworth Lord Estates are delighted to offer for sale this Large Unit which consists of 4 Occupied Apartments inside. It is Two Terraced Houses conjoined together.
This is ideally suited to a Landlord/BTL Investor as its being sold as a running investment with tenants in situ.
All tenants are on a robust long term AST and all compliance and safety certificates are in place.

The property comprises of..

Flat 1 -
A 2 Bedroom Apartment with Lounge, Kitchen, Rear Yard, 2 Bedrooms & Bathroom
This flat is tenanted and the rent is £495pcm

Flat 2 -
A 1 Bedroom Flat with separate Lounge, Kitchen, Bedroom & Bathroom
This flat is tenanted and the rent is £415pcm

Flat 3 -
A Large 1 Bedroom Apartment with Separate lounge, Rear yard, Kitchen & Bathroom
The flat is tenanted and the rent is £525pcm

Flat 4 -
A 2 Bedroom Apartment with Lounge, Kitchen, Bathroom, Bedroom x 2.
The flat is tenanted and the rent is £335pcm

There is communal hallways and a large basement too. There is scope to convert the basement into further flats.

Total Monthly Income - £1770
All tenants are responsible for paying their own bills.

CONTACT AINSWORTH LORD ESTATES FOR MORE INFORMATION AND/OR TO ARRANGE A VIEWING.



Interested?
Before you call us, you need to check out the important stuff..
Criteria:

You will require:

References.

Income:
To qualify for this house you - the tenant(s) will need to have an income of equivalent to 30 x the monthly rent, so for this house, that's 30 X £495 which is: £14850pa..

You Will NEED a Home Owner Guarantor.

The amount of money you will need before you can move in is:
On application you will pay one weeks rent as a holding deposit which will come off the first month's rent on move in. If the tenant pulls out for any reason or fails references the holding deposit is non refundable.

Application process takes 3 - 4 working days.

Then at Point of Moving In -
£495 First Months Rent minus the holding deposit paid on application
Plus Deposit of £495

Proof of Id


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ALL VIEWINGS ARE TO BE ARRANGED THROUGH AINSWORTH LORD ESTATES AND ARE STRICTLY BY APPOINTMENT ONLY.

If we take a Deposit, it will be registered with one of the Government's Approved Schemes and sent off to them.

Proof of Id will be required for all named Tenants and the Home Owner Guarantor.

Remember, this property is available: NOW


This is a Fully Managed Property:
Any maintenance issues can be reported to us either by using our 24hr Support Line, or by using our new Online Reporting System.
We aim to deal with all issues as swiftly and promptly as possible.

Plus we have many other benefits for our tenants –
Ask a member of our friendly lettings team for more details.

Call us TODAY to arrange a viewing at a time convenient for you, including evenings and weekends.