Investment Opportunity, Shakespeare Street, Padiham, BB12

£159,995
  • Ref: K0098
  • Type: Investment
  • Availability: For Sale
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Property Features

  • Excellent High Yield Investment Property
  • 10% Plus Yields
  • Long Term Tenants in Place in Shop and Two Apartments
  • Can Be Managed By Kay and Sons
  • Hands Off Investment
  • Shop and 2 x Two Bedroom Apartments

Property Summary

***High Yield Shop and Two Apartments Buy To Let Investment Opportunity***

This is a superb opportunity for a serious buy to let investor to purchase a multi purpose property which combines a retail shop with 2 x two bedroom apartments - all fully tenanted with long term tenants in place who wish to continue their tenancies.

Annual Rental Yield - £15,960.

This is a 10% plus yield investment not to be missed.

The shop tenants have been in place for over 10 years, flat tenants 5 and 7 years.

Priced at £159,995 - This is a no brainer for a buy to let landlord looking for a high yielding portfolio building asset!

Average value of 2 bedroom flats in the area - £75,000

Triple shop - £80,000

For £159,995 you are getting £230,000 of property!

  • £1,000 + Vat buyer fee per property applies (£3,000 + Vat total fee)