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Higher Gate, Accrington, BB5

PROPERTY TYPE

Apartment

BEDROOMS

6

BATHROOMS

3

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • THREE TWO BEDROOM APARTMENTS
  • NO ONWARD CHAIN
  • INVESTMENT OPPORTUNITY OFFERIN EXCELLENT 8% YIELD
  • EACH APARTMENT HAS CENTRAL HEATING & SEPERATE CONSUMER UNIT
  • EACH APARTMENT IS COUNCIL TAX BAND A
  • BOTH APARTMENT TWO & THREE ARE EPC RATING C WITH APARTMENT ONE TO FOLLOW
  • QUIET PEACEFUL LOCATION WITH EXCELLENT COMMUTER LINKS VIA THE M65
  • ALL APARTMENTS LEASEHOLD - 999 yrs from 01/1/2007

Description

A superb opportunity to purchase three apartments with a combined estimated rental income of £2000pcm. Offered to the market with no onward chain, the property is an ideal investment for potential landlords looking to widen their portfolio. The apartments have been successfully rented out for the last 15 years and offer potential investors an impressive 8% yield. (EPC-C).

An excellent opportunity to purchase these three stunning apartments in the sought after location in Huncoat Village.

Having been converted to three apartments back in 2007, the apartment offer an estimated monthly return around the £2000 figure. These estimates are conservative and air on the low side given current rental figures.

Apartment one is a ground floor apartment with two bedrooms, open plan living space with kitchen and a family bathroom.

Apartment two has two bedrooms, an open plan living space with kitchen and a family bathroom.

Apartment three has two bedrooms, open plan living room with kitchen, two bedrooms, en-suite and a family bathroom. There is a beautiful mezzanine offering more versatile living space.

Externally the property boasts off road parking for each of the apartment.

All interested parties should contact Mortimers Estate Agents.

Procced along Burnley road (A679) towards Huncoat and turn left down Higher Gate Road just before you reach the Griffins Head pub.

All mains services connected.



Apartment One

Living Room

4.26m x 5.9m

Kitchen

Main Bedroom

3.84m x 4.29m

Bedroom Two

2.49m x 3.13m

Family Bathroom

1.98m x 3.13m

Apartment Two

Lounge/Dining Room

4.3m x 5.3m

Kitchen

2.1m x 3.8m

Family Bathroom

2.1m x 3.8m

Main Bedroom

4.1m x 5.1m

Bedroom Two

4.1m x 3m

Apartment Three

Living Room/ Kitchen Diner

4.4m x 9.5m

Main Bedroom

3.1m x 3.2m

En-suite Bathroom

1.1m x 3m

Jack and Jill En-suite

2.2m x 1.8m

Bedroom Two

3.2m x 3m

Mezzanine Two

4.24m x 3.5m

Mezzanine One

4.3m x 1.3m

Brochures

Web Details

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

981 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Higher Gate, Accrington, BB5

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Huncoat Station0.3 miles
  • Hapton Station1.2 miles
  • Accrington Station1.7 miles
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About the agent

Mortimers, Accrington

22 Blackburn Road, Accrington, BB5 1HD

Mortimers, Accrington

Mortimers have been successfully helping people move for over 80 years and are one of the leading estate agents in the East Lancashire area. Within our network of 3 offices, we have a local team of experts who are here to help you move. Available anytime, anywhere from 8 'til 8, 7 days a week, you can rest assured that we'll be here to help you throughout your moving journey.

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Disclaimer - Property reference ACR210134. 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 Mortimers, Accrington. 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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