Location
The property fronts Washington Street in a residential area of Accrington, approximately 0.5 miles east of the town centre. The property is accessed via Eastgate (A680) which provides regional access and leads to the M65. The property enjoys a range of nearby amenities including Eastgate Retail Park and the national brands trading in Accrington town centre.
Description
A high-yielding residential investment opportunity comprising a two bedroom, mid-terrace dwelling sold subject to an AST agreement that runs until 23rd April 2024. The rent reserved is £475pcm, equivalent to £5,700pa. Pugh & Co has not been provided with a copy of the lease and has been advised by the client: buyers must satisfy themselves on this matter. The property underwent a programme of refurbishment in October 2023, prior to the tenancy commencing. Buyers must note the photographs in these particulars were taken once this was completed and prior to the tenant moving in. Pugh & Co has not inspected the property.
Outside
The property benefits from on-road parking to the front on Washington Street.
Tenancy
Whilst Pugh & Co have not been provided with a copy of the tenancy, we are advised the lease commenced 24th October 2023 and expires on 23rd April 2024, with a reserved rent of £475pcm.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 27TH FEBRUARY AND CLOSES ON WEDNESDAY 28TH FEBRUARY.
3. Energy Performance Certificate = TBC