A Block of Five Apartments Currently Producing £23,160pa/£1,930pcm

A Block of Five Apartments Currently Producing £23,160pa/£1,930pcm. This Stone Built former Co-operative building, constructed in 1886, has been converted into Five high quality apartments currently producing £23,160pa/£1,930pcm. See legal pack for tenancy agreements. Very well located being in the centre of Huncoat whilst at the same time being within a short drive to the M65 and M66 Motorway’s thus offering easy commuting into surrounding areas such as Bury, Manchester and the Ribble Valley. The quality of the accommodation and the properties location will ensure it’s continuing attractiveness to prospective tenants. This is a great easily managed investment opportunity and would make an ideal addition to any investors portfolio.

Tenure

See legal pack

Description & Tenancies

Apartment One

Comprising, Hall, Lounge, Kitchen, Two Bedrooms & Shower Room. Currently Let at £4,740pa/£395pcm.

Apartment Two

Comprising, Hall, Lounge, Kitchen, Two Bedrooms one having an en-suite 3 piece Bathroom & separate 3 piece Shower Room. Currently Let at £4,800pa/£400pcm.

Apartment Three

Comprising, Hall, Lounge, Kitchen, Bedroom & Bathroom. Currently Let at £4,980pa/£415pcm.

Apartment Four

Comprising, Hall, Lounge, Kitchen, Two Bedrooms & Bathroom. Currently Let at £4,740pa/£395pcm.

Apartment Five

Comprising, Hall, Lounge, Kitchen, Bedroom with en-suite & Bathroom. Currently Let at £3,900pa/£325pcm

Energy Efficiency Rating (EPC)

Current Rating C/C/C/C/C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Lancashire County Council & Hyndburn Borough Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT, subject to a minimum of £1080 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.