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Bridge Street, Darwen, BB3 2AA

£195,000
Added on 16/07/2021
Hunters, Darwen
PROPERTY TYPE
Flat
BEDROOMS
x6
BATHROOMS
x6

Key features

  • Investment Opportunity
  • 6 Self Contained Studios
  • Town Centre Location
  • Gross Yield Potential of over 10%
  • One Bedroom Flats
  • Double Glazing

Property description

Tenure: Please confirm if this is a freehold or leasehold property with Hunters

A fantastic investment opportunity is offered to purchase 6 studio apartments in Darwen town centre. The apartments are on the first and second floor of a mixed use building in the heart of Darwen town centre. Each property is self contained and all utilities to each apartment are separate. Three of the studios have separate bedrooms above the living space. the others included in the living area. The apartments are mostly occupied and currently managed by Hunters Lettings Team and the property is sold with sitting tenants. Rents range between £250pcm to £295pcm however with rising rents and some further investment there is plenty of scope to lift the rents and the yield above 10% GTV. The central location gives the apartments plenty of appeal to a mix of tenants that are attracted by the nearby amenities, travel facilities and work opportunities. We are ideally looking for cash buyers and further details can be obtained y contacting Karl Baxter on .
**The property is located in the Selective License Area**
**Images show an example of one o 6 apartments**

FLAT A

First Floor studio apartment currently rented at £250pcm

FLAT B

First floor studio currently rented at £250pcm

FLAT C

First floor studio currently rented at £275pcm

FLAT D

Second floor studio with bedroom currently rented at £275pcm

FLAT E

Second floor studio with separate bedroom currently rented at £275pcm

FLAT F

Second floor studio with separate bedroom currently available at £295pcm

Bridge Street, Darwen, BB3 2AA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Darwen Station0.2 miles
  • Mill Hill Station3.2 miles
  • Entwistle Station3.4 miles
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About the agent

Hunters, Darwen

207-209 Duckworth Street, Darwen, BB3 1AU

Hunters, Darwen
Blackburn & Darwens Number 1 Estate Agent
Karl Baxter & Karen Helmn 

Franchise owners Karl Baxter & Karen Helmn have a combined experience in the industry of over 45 years. Both live in the town and have expert local knowledge. Karl comments:

"We are constantly using technology and media to enhance how we promote our clients' properties to give them the best chance of sale. We combine this with first class customer service and communication with our clients".

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Industry affiliations

Association of Residential Letting AgentsNational Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

Stamp Duty calculator

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Disclaimer - Property reference DARSP205869. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hunters, Darwen. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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