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Spring Hill Road, Accrington, BB5 0EX

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

775 sq ft

72 sq m

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

  • Sold With Sitting Tenant
  • Fantastic 11%+ Yield
  • Current Rent Of £550 PCM
  • Two Double Bedrooms
  • Sold Via Modern Method Of auction
  • Buyers Fees Apply
  • Subject To Reserve Price

Description

BUY TO LET - SOLD WITH SITTING TENANT - 11% YIELD - CURRENT RENT £550 PCM - SOLD VIA MODERN METHOD OF AUCTION

Spring Hill Road is currently tenanted and is being sold with a sitting tenant who pays £550 PCM making an incredible 11% yield on its current guide price. The property is fully managed through Hunters.

The property briefly comprises of; an entrance vestibule, front lounge, sitting room and kitchen. To the first floor there are two bedrooms and a three piece bathroom. Please note photos taken pre-tenancy.

Auctioneers Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Brochures

Spring Hill Road, Accrington, BB5 0EX
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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Spring Hill Road, Accrington, BB5 0EX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Church & Ostwaldwistle Station0.3 miles
  • Accrington Station0.7 miles
  • Rishton Station1.9 miles
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About the agent

Hunters, Darwen

207-209 Duckworth Street, Darwen, BB3 1AU

Hunters, Darwen
Blackburn & Darwens Leading Estate Agent
Karl Baxter 

Franchise owner Karl Baxter has over 30 years experience in the property industry. 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".

More properties from this agent

Industry affiliations

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

Notes

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Disclaimer - Property reference 33226272. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hunters, Darwen on 01254 961479.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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