*** new *** - 2 bedroom back to back home, available with current tenant in-situ - Some Upgrading Required, Available Now, Current Rental Yield Of 8%, Close To Transport Links & Local Amenities - Contact Us To View
Olive Street, Stacksteads, Bacup, Rossendale is a great opportunity to acquire an affordable, mid back-to-back property, currently occupied by a tenant happy to remain in-situ and generating an 8% yield. This potential investment could do with some upgrading, but comes as a ready made income generator due to the incumbent occupiers. The property therefore represents an ideal opportunity for First Time Buyers to get on the property ladder, or indeed for investors to add to their portfolio.
Situated close to leisure amenities at Stubby Lee Park and Lee Quarry Adrenaline Centre, as well as being ideally located for commuting across the Rossendale Valley and beyond, the property is also perfect for easy access to public transport links on Newchurch Road.
* Current Tenant In-Situ Generating 8% Yield * Available Now * Requiring Some Improvement * Ideal Investment Opportunity
Lounge (4.27m x 3.73m (14'0" x 12'3"))
Kitchen (3.31m x 1.49m (10'10" x 4'11"))
Bedroom 1 (4.28m x 2.11m (14'1" x 6'11"))
Bedroom 2 (3.48m x 1.98m (11'5" x 6'6"))
Shower Room (3.13m x 1.04m (10'3" x 3'5"))
Council Tax: Band 'A' Tenure: Leasehold Stamp Duty: 0% up to £125,000,2% of the amount between £125,001 & £250,000,5% of the amount between £250,001 & £925,000,10% of the amount between £925,001 & £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.
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.
Property descriptions and related information displayed on this page are marketing materials provided by Farrow & Farrow. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Farrow & Farrow for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.