£300,000
Hotel for salePreston New Road, Blackburn BB2
Under offer
Freehold
About this property
Description
Mayets are delighted to bring to market this exceptional freehold block of five modern apartments, ideally positioned on the ever-popular Preston New Road, close to Blackburn town centre and excellent transport links. With high rental demand, strong occupancy levels, and a superb yield of nearly 11%, this turnkey investment offers an outstanding opportunity for both new and experienced landlords.
Beautifully renovated just over a year ago, the property has been finished to a contemporary standard throughout and is attractively located on a busy main road, making it especially desirable for professional tenants.
The development comprises:
- A well-presented basement apartment currently achieving £700 pcm.
- Two modern one-bedroom ground floor apartments, both occupied by working professionals.
- Two spacious two-bedroom duplex apartments, each featuring a master bedroom to the attic and separate kitchen and living areas.
Being freehold with no communal areas and minimal ongoing maintenance, this property presents a rare low-maintenance investment with consistent rental returns and excellent long-term potential.
A fantastic opportunity to acquire a fully renovated, high-yielding, and easily managed property in a prime location close to Blackburn town centre and major transport routes. Early viewing highly recommended.
Tenure: Freehold
Mayets are delighted to bring to market this exceptional freehold block of five modern apartments, ideally positioned on the ever-popular Preston New Road, close to Blackburn town centre and excellent transport links. With high rental demand, strong occupancy levels, and a superb yield of nearly 11%, this turnkey investment offers an outstanding opportunity for both new and experienced landlords.
Beautifully renovated just over a year ago, the property has been finished to a contemporary standard throughout and is attractively located on a busy main road, making it especially desirable for professional tenants.
The development comprises:
- A well-presented basement apartment currently achieving £700 pcm.
- Two modern one-bedroom ground floor apartments, both occupied by working professionals.
- Two spacious two-bedroom duplex apartments, each featuring a master bedroom to the attic and separate kitchen and living areas.
Being freehold with no communal areas and minimal ongoing maintenance, this property presents a rare low-maintenance investment with consistent rental returns and excellent long-term potential.
A fantastic opportunity to acquire a fully renovated, high-yielding, and easily managed property in a prime location close to Blackburn town centre and major transport routes. Early viewing highly recommended.
Tenure: Freehold
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Monthly repayment
£1,500 per month
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