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Elizabeth Street, Accrington, Accrington

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

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

  • TO BE SOLD UNDER AUCTION TERMS
  • GREAT BUY TO LET INVESTMENT
  • OVER 13% YEILD BASED ON TODAYS GUIDE
  • REPORTED TO BE IN GREAT CONDITION
  • TENANTED TWO-BEDROOM TERRACED PROPERTY

Description

TO BE SOLD BY ONLINE AUCTION ON 11TH – 12TH NOVEMBER UNLESS SOLD PRIOR UNDER AUCTION TERMS.

10 Elizabeth Street, Accrington, BB5 0HH


An excellent opportunity for buy-to-let investors to acquire a terraced property situated in an established residential area of Accrington, offering an immediate rental income and attractive potential returns.

The property is reportedly currently tenanted at £625 pcm which based on today's guide price, this represents an impressive gross rental yield above 13%, making it a particularly appealing opportunity for investors seeking strong rental returns.

We are advised that the property is in excellent condition throughout, with no significant works reported by the vendor. The existing tenant has been in occupation for a number of years and has maintained an excellent rental payment history, with no missed payments reported.

The accommodation is understood to comprise a lounge, kitchen, two bedrooms, bathroom and a rear garden.

Accrington remains an appealing location for buy-to-let investors with an established residential rental market. The town benefits from a range of shops, supermarkets, schools and everyday amenities, together with Accrington railway station and road connections towards Blackburn, Burnley and Manchester.

With a long-standing tenant already in place, an established rental income and the property reportedly in excellent condition, this represents an attractive opportunity for investors looking to acquire an income-producing asset without the immediate need to source a tenant.

The property may also offer longer-term resale potential, with comparable properties in the surrounding area indicating attractive open-market values if sold with vacant possession, providing investors with an alternative exit strategy alongside the existing rental income.

Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:

18, West View, Accrington, BB5 3NF £104,000 Terraced 2 0.39 mi Sold - 03/07/2026

79, Monk Street, Accrington, BB5 1SS £120,000 Terraced 2 0.46 mi Sold - 18/02/2026

Tenant ready property rental values in the area are in the region of £650-£750

PLEASE NOTE: The property has not been internally inspected by Edward Mellor Auctions. All information regarding the accommodation, condition and tenancy has been provided by the vendor. We are currently awaiting a copy of the tenancy agreement (AST).

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.
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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Energy performance certificate - ask agent

Elizabeth Street, Accrington, Accrington

Approximate location

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Affordability

Monthly repayments£277
Property: £ 55,000
Deposit: £ 5,500
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside?s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services.

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Disclaimer - Property reference EM-172008. 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 Edward Mellor Ltd, Auction. 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 Edward Mellor Ltd, Auction on 0161 524 2443.

*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.