Investment Type: BUY-TO-LET
Est. Completion: AVAILABLE
Pure Investor brings to the market 2 x 1-bedroom apartments for sale in Blackburn which are currently returning an 8.0% yield. The apartments are located on A666 Bolton Road, Blackburn which is one of the main roads leading into Blackburn town centre from the M65 motorway. There are currently tenants in situ in both apartments with monthly rental payments of £300.00pcm and £325.00pcm respectively. The layout of both apartments is similar, and they offer an open kitchen/living room, bathroom with shower, sink and toilet, and a double bedroom. Access to the apartments is gained via the front door of the property where there is an entrance hallway leading to stairs to the apartments on the first floor.
Information On Area
There are several reasons why one might consider investing in property in Blackburn:
Affordability: Blackburn is a relatively affordable place to buy a property compared to other areas in the North West of England, such as Manchester or Liverpool. This means that investors can purchase property at a lower cost, potentially increasing their return on investment.
Strong rental demand: Blackburn has a strong demand for rental properties, particularly in the town centre and surrounding areas. This is due to the town's proximity to major cities such as Manchester, as well as its growing economy and job market.
Regeneration: Blackburn has undergone significant regeneration in recent years, with many new developments and investments in infrastructure. This has helped to boost the town's economy and attract new businesses, which is likely to increase demand for property in the area.
Transport links: Blackburn has good transport links, with easy access to major motorways such as the M65 and M6. There are also regular train services to Manchester, Preston, and other nearby towns and cities.
Growing population: Blackburn has a growing population, which is expected to continue to increase in the coming years. This means that there will be an increasing demand for housing, particularly for affordable rental properties.
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Call: +44 (0) 161 337 3890