Grane Road, Haslingden, Rossendale, Lancashire, BB4

AN EXCELLENT TWO-PROPERTY RESIDENTIAL INVESTMENT OPPORTUNITY IN HASLINGDEN! OFFERED TOGETHER AS ONE LOT – NOT AVAILABLE SEPARATELY. 5 GRANE ROAD CURRENTLY GENERATES £8,340 PER ANNUM IN RENT. APPROXIMATELY 7.58% GROSS YIELD ON THE STATED ASKING PRICE – IDEAL FOR INVESTORS!

EXCELLENT INVESTMENT OPPORTUNITY – TWO PROPERTIES OFFERED TOGETHER AS ONE INVESTMENT – CURRENT RENTAL INCOME OF £8,340 PER ANNUM

An excellent opportunity for investors to acquire a combined residential investment comprising two properties situated within the heart of Haslingden, Rossendale. Offered exclusively together as one investment, rather than being available for separate purchase, this is an appealing opportunity for an established landlord looking to expand their portfolio or an investor seeking an income-producing asset with potential for longer-term capital growth.

The principal investment comprises a two-bedroom property at 5 Grane Road, currently let at £695 per calendar month, generating an annual rental income of £8,340. Based on an asking price of £110,000, this equates to an approximate gross rental yield of 7.58%, before the deduction of any associated costs. The additional property at 2 Charles Lane further enhances the appeal of this combined investment, offering well-proportioned accommodation within a characterful period stone building, conveniently positioned close to the town centre.

5 GRANE ROAD (EPC: C72) - The property benefits from gas central heating and double glazing throughout, with accommodation arranged over two floors to maximise the available living space.
Upon entering, an entrance hallway provides access to the staircase leading to the first floor, while a door opens into a spacious open-plan living and kitchen area. This practical and sociable space offers ample room for both lounge and dining furniture, making it well suited to modern rental requirements.

The fitted kitchen is positioned to the rear and incorporates a range of fitted units, an integrated oven and hob, and a single-drainer sink unit, providing the essential facilities for everyday living.

To the first floor, the landing gives access to two well-proportioned double bedrooms, offering comfortable accommodation for professional tenants, couples or a small family. The accommodation is completed by a modern three-piece bathroom suite comprising a panelled bath with shower over, wash hand basin and WC.

2 CHARLES LANE (EPC: C70) Situated just off Deardengate, close to Haslingden town centre, this additional two-bedroom property occupies the lower floors of an attractive period stone building and benefits from a front patio garden.

The accommodation begins with an entrance hallway incorporating stairs to the first floor. A door leads into a generously proportioned lounge and dining room extending to approximately 200 sq ft, with open access to the kitchen. The kitchen features a run of fitted cupboards along the rear wall, together with useful additional storage beneath the staircase.
To the first floor, a spacious landing provides access to two bedrooms. The principal bedroom is a generous double measuring approximately 140 sq ft and benefits from a pair of side-facing windows, while the second bedroom is a good-sized single with front-facing aspects.

Completing the accommodation is a large, modern four-piece bathroom suite comprising a bath, separate shower, wash hand basin and WC.
INVESTMENT POTENTIAL With two properties being offered together as a single investment opportunity, this lot will appeal to buyers seeking to acquire residential property in an established Rossendale location. The existing tenancy at 5 Grane Road provides an immediate rental income stream, subject to verification of the tenancy arrangements, while the additional accommodation at 2 Charles Lane offers further investment potential.

The stated gross yield of approximately 7.58% is calculated using the £8,340 annual rent from 5 Grane Road against the £110,000 asking price. This figure does not include any rental income from 2 Charles Lane and should not be interpreted as the combined yield of both properties. Prospective purchasers should undertake their own due diligence regarding the tenancy, rental values, title arrangements, condition and any ongoing expenditure before proceeding.

LOCATION Both properties are conveniently situated within Haslingden, a well-established Rossendale town offering a range of local shops, supermarkets, cafés, amenities and everyday services. The nearby Deardengate area provides access to the town centre, while the surrounding residential neighbourhoods offer established rental accommodation and access to local employment opportunities. The properties also benefit from convenient access to the M66 motorway, providing connections towards Manchester, Bury and the wider motorway network. Rossendale's surrounding countryside and nearby towns add to the area's appeal for residents seeking a balance between local amenities, commuting links and access to outdoor recreation.
This combined offering represents an opportunity to acquire two residential properties in a convenient town-centre location, available exclusively as one investment lot.

IMPORTANT TITLE AND LEGAL NOTE: The properties are to be marketed and sold together as one investment and not separately. Prospective purchasers must establish through their solicitor the precise title arrangements, extent of the properties included, access rights and any flying freehold or other title-related issues affecting either property. All matters should be verified before exchange of contracts.

Anti-Money Laundering (AML) Checks - As part of making an offer, we’re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers. To cover the cost of this process, a fee of £60 inc VAT per buyer is payable when your offer is accepted. This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.