11 bed block of flats for sale

Princes Street, Blackburn BB2

Crown Estates & Letting Agents are delighted to offer for sale this property which has six individual apartments and is conveniently located in the town centre of Blackburn.

Ideal investment opportunity!

This outstanding property presents an opportunity for investors seeking a high-yield, low-maintenance asset in a thriving rental market.

The property is currently fully tenanted, ensuring immediate and consistent rental income from day one. With a high occupancy rate and strong demand in the local area.

Located on Prince's Street in Blackburn, the property enjoys a central location, with easy access to public transport, shops, supermarkets, and local amenities. The proximity to the town centre makes it a highly attractive option for working professionals and students alike.

There are six apartments in total and all have double glazed sash windows, electric heaters to warm the rooms and the communal areas of the building.

The communal entrance gives access to flat 2,3,4 & 5 and also access to the meter rooms and bin store room. The entrance is warmed with electric heating, has lighting and is carpeted throughout.

Flat 1 & 6 have there own separate entrance.

The property was previously owned by a large housing association.
It potentially could have the existing layout amended relatively easily to accommodate more bedrooms and therefore as a HMO significantly increase its yield

Apartments

Flat One comprise of: One bedroom, lounge, separate kitchen & bathroom, double glazed sash windows, electric heaters. EPC rating E, council tax band A and has its own separate entrance.

Flat Two comprises of: Two bedrooms, lounge, separate kitchen & bathroom, double glazed sash windows, electric heaters. EPC rating D, council tax band A.

Flat Three comprises of: Two bedrooms, lounge, separate kitchen & bathroom, double glazed sash windows, electric heaters. EPC rating D, council tax band A.

(Dimensions for flat three)
Hall 10m x 1.0m - Internal wooden entrance door, ceiling lights x 3, electric heater, storage cupboard.

Lounge 3.8m x 3.7m - Double glazed sash window, internal wooden door, ceiling light, electric heater, TV point, laminate effect lino to the floor.

Kitchen 4.0m x 2.5m - Wall & base units, double glazed sash window, electric oven, stainless steel sink with drainer & taps, electric heater, plumbed for washing machine, internal wooden door, tubed lighting, laminate effect lino to the floor.

Bedroom One 3.6m x 3.3m - Double glazed sash window, internal wooden door, ceiling light, electric heater, TV point, laminate effect lino to the floor.

Bedroom Two 3.55m x 2.8m - Double glazed sash windows, internal wooden door, ceiling light, electric heater, laminate effect lino to the floor.

Bathroom 2.5m x 2.0m - Hand wash basin, W.C, bath with overhead shower, electric heater, ceiling light, part tiled to the walls and laminate effect lino to the floor.

Flat Four comprises of: Two bedrooms, lounge, separate kitchen & bathroom, double glazed sash windows, electric heaters. EPC rating C, council tax band A.

Flat Five comprises of: Two bedrooms, lounge, separate kitchen & bathroom, double glazed sash windows, electric heaters. EPC rating D, council tax band A.

Flat Six comprises of:Two bedrooms, lounge, separate kitchen & bathroom, double glazed sash windows, electric heaters. EPC rating E, council tax band A and also has its own separate entrance.

All descriptions in this brochure are the opinions of Crown Estate and Letting Agents and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating systems have not been tested by Crown Estate and Letting Agents and no warranty can be given or implied as to their working order.