Property for sale in Rosegrove Lane, Burnley BB12

Offers over £140,000
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Property for sale - 3 bedrooms

3 2 2

Tenure:
Freehold
Council tax band:
A

Property features

  • 9%+ Yield
  • ROI - £15,000+ Per Annum
  • Two Flats
  • Commercial Barber Shop
  • Modern Fitted Kitchens
  • Open Plan Layouts
  • Close To Train Stations
  • Connections To Manchester
  • Instant Cashflow
  • Fully Tenant Property

Property description

Located in a prime location with easy access to motorway links and the Rosegrove train station connecting to Manchester, this property presents a lucrative investment opportunity with its fully tenanted commercial and residential spaces.

The commercial space on the ground floor houses a vibrant barber shop. Upon entry, clients are greeted by a modern interior featuring sleek furnishings. The spacious layout includes designated areas for haircutting, a comfortable waiting area, and a stylish wash basin for clients' convenience. Adjacent to the main area is a separate room designated for tanning services, providing an additional revenue stream for the business. Additionally, a well-appointed toilet and wash basin ensure facilities are readily available for both customers and staff.

The ground floor also is a one-bedroom flat.. The living space boasts an open-plan layout seamlessly integrating the living area and kitchen, equipped with fitted units featuring an electric oven, hob, and extractor hood. The bathroom is fitted with a modern three-piece suite comprising a WC, hand wash basin, and a quadrant shower,

Ascending to the first floor, tenants are welcomed into a spacious two-bedroom flat spanning the length of the property. The open-plan kitchen and living room exude modern elegance, featuring white gloss units arranged in a horseshoe layout, complemented by gas central heating. The kitchen is well-appointed with all the necessary appliances. The accommodation comprises two generously sized bedrooms, providing ample space, the three-piece bathroom is elegantly appointed with a WC, hand wash basin, and a luxurious p-shaped bath complete with an overhead shower.

With its sought-after location and fully tenanted commercial barber shop and flats, this property presents an attractive investment opportunity for discerning investors looking to capitalize on a thriving rental market. The property provides a 95+ yield earning over £15,000 per annum.

Property info

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Farrar & Forbes Estate Agents LTD, BB8 on +44 1282 522886 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Farrar & Forbes Estate Agents LTD, and do not constitute property particulars. Please contact Farrar & Forbes Estate Agents LTD for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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