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Full details for 1 Bedroom Property For Sale in Accrington

Photos

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Description

TO BE SOLD BY ONLINE AUCTION ON 2ND OCTOBER 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

28 Derby Street, Accrington, BB5 1BP.

Tenanted terraced house not inspected by Edward Mellor but reported to comprise: lounge open plan to dining kitchen, bedroom and bathroom. Gas central heating and double glazing. Let on a three-year AST from 21/12/21 at £450 per month offering a potential yield of 8% however, property rental values in the area are in the region of £600 per month so scope for increase. Please respect the tenant’s privacy. Located close to Accrington Hospital ensuring a constant demand for rental purposes.

 

Here are some similar properties taken from Land Registry which have sold close by:

24, Derby Street, BB5 1BP sold on 19/05/2023 for £58,500 Terraced 1 bed 0.00 mi

16, Jacob Street, BB5 1HU sold on 16/02/2024 for £73,500 Terraced 2 beds 0.42 mi

69, Lodge Street, BB5 6EH sold on 16/02/2024 for £78,000 Terraced 2 beds 0.27 mi

Situated near to the M65 motorway, Accrington Station and Accrington town centre. Recreationally Accrington is surrounded by countryside with Pleck Meadow is to the east and Woodnook Vale Nature Reserve to the south, not to forget the world-famous Accrington Stanley Football Club! Property rental values in the area are in the region of £600 per month so scope for increase. Interior photos provided by letting agent. EPC rating D.

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