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Hicks Terrace and George Street, Rishton, Blackburn, Lancashire, BB1

Key features

  • Chain Free
  • Block of Flats
  • Potential for Strong Rental yield
  • Council Tax Band A
  • EPC C and D
  • Wealth of Potential
  • Ideal Investment
  • Freehold

Description

Chain Free- Block of Flats, Two x 2 Bedrooms One x 1 Bedroom and Studio with Private Entrance.

An excellent investment opportunity to acquire a block of flats located in the popular residential area of Rishton, ideally positioned between Blackburn and Accrington, offering convenient access to local amenities, transport links, and commuter routes.
The property comprises multiple self-contained units. To the front, there is a studio flat with its own private entrance, featuring a living area, a separate room (currently unsuitable for use as a bedroom due to the absence of a window), and a spacious kitchen diner with access to a rear yard.
On the ajoining George Street, the building includes three additional flats:
• A ground floor two-bedroom flat with a lounge, kitchen, and bathroom
• A first floor two-bedroom flat
• A first floor one-bedroom flat
All units are neutrally decorated throughout but would benefit from cosmetic updating and general modernisation, presenting an ideal opportunity for investors to add value and maximise rental potential.
This is a versatile property with strong income potential once refurbished, situated in a well-established location with ongoing rental demand

All services/appliances have not and will not be tested.

Brochures

Particulars
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.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Hicks Terrace and George Street, Rishton, Blackburn, Lancashire, BB1

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About Bridgfords, Blackburn

9 Sudell Cross, Blackburn, Lancashire, BB1 7EB
Industry affiliations:

Under the guidance of a branch manager with over 20 years experience in the local market, the Blackburn team pride themselves on honest advice and feedback and going that extra mile to achieve the best price for their customers. Blackburn itself is a truly unique place with a vibrant multicultural population and beautiful surrounding countryside, including the Ribble Valley. The town offers a mixture of Victorian property along with many areas of developing new build, whilst prices have always remained very competitive! Set on the M66, corridor Blackburn is an ideal hub for accessing nearby towns and the city of Manchester.

Affordability

Monthly repayments£685
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference BLC260041. 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 Bridgfords, Blackburn. 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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