5 bed flat for sale

Back Lane, Rawtenstall, Rossendale BB4

Portfolio of 3 tenanted apartments in the heart of rawtenstall centre, generating 7.3% yield - Excellent Location, 2x 2 Bedroom & 1x 1 Bedroom Apartments, Recent Interiors Throughout, Modern Gloss Kitchens, Modern Bathrooms / Décor / Flooring Throughout, Perfect For Transport Links & All Town Centre Amenities - tenanted investment purchasers only - Contact Us To View, By Appointment Only

Apartments 1,2 & 4, Back Lane, Rawtenstall, Rossendale is an ideal investment portfolio of 3x apartments, 2x 2 bedrooms and 1x 1 bedroom, located right in the heart of Rawtenstall town centre, Offering recent interiors to a high standard, these apartments include modern kitchens / bathrooms and flooring / décor throughout, with an ideal combination of accommodation and position. With commuter routes and transport links within moments, these apartment homes offer ideal modern living space with equally convenient access to both town centre amenities and leisure / healthcare provision too, while beautiful open countryside can also be reached within just a few minutes.

Currently tenanted and therefore seeking investment purchasers only, the 3 apartments presently return a great yield of 7.34%, representing an excellent return on investment.

Viewings are available, by appointment only, through our Rawtenstall office.

Agents Notes

Council Tax: Each flat is Council Tax Band 'A'.
Tenure: Leasehold - there are currently 3 apartments for sale and at the time a purchase proceeds, the current single title on which they are held can be split to separate titles or remain as a whole accordingly.
Stamp Duty: 0% up to £125,000,2% of the amount between £125,001 and £250,000,5% of the amount between £250,001 & £925,000,10% of the amount between £925,001 & £1,500,000,12% of the amount above £1,500,000. For some purchases, an additional 3% surcharge may be payable on properties with a sale price of £40,000 and over. Please call us for any clarification on the new Stamp Duty system or to find out what this means for your purchase.

Disclaimer

Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors. Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order. Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Farrow & Farrow has the authority to make any guarantees in any regard. The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc. Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted. These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact. In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.