Property photos
Freehold
Offers in region of
£165,000
(£69/sq. ft)
8 bed end terrace house for sale
2 Investment Flats, Watery Lane, Springvale, Darwen BB38 beds
2 baths
2 receptions
2,400 sq. ft
Key Information
Tenure:
Freehold
Council tax band:
A
Local area information
Property location
Nearby amenities
- Darwen, St Barnabas CofE Primary Academy 0.3 miles
- Ashleigh Primary School 0.4 miles
- Darwen 1 mile
- Entwistle 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 2 huge 4 bed flats
- Superb location, watery lane, springvale, darwen
- Currently tenanted - tenants will be staying in the property
- Serious buyers only - if interested we will expect you to show commitment
- Running investment opportunity
- Excellent 11% yield with scope to increase to 15%
- Check out all the pictures and plans and for an internal viewing use the virtual tour
- Ideal for landlords
- No work required
- Viewings arranged by appointment with ainsworth lord estates
Attention landlords! **2 huge 4 bed flats***currently tenanted**running investment opportunity**strong demand area**all compliance and safety certificates in place***
Full Description
Ainsworth Lord Estates are delighted to offer for sale 2 large flats located on Watery Lane, Springvale, Darwen.
Situated in a desirable location, this property offers the potential to generate income as both flats are already tenanted, both tenants currently paying £750 pcm each.
The property is currently bringing in a total monthly income of £1500 pcm (£18,000 pa)
Buyers Should Take Note:
At the time of listing (June 24) the lha Rate for a 4 bed property is currently £182.96 p/wk (£792.83pcm)
with the rate for a 5 bed property not being published.
Flat 1- A great size 4 bedroom apartment with Lounge, Kitchen, Rear Yard, 4 Bedrooms & Bathroom.
Flat 2- Yet again another huge 4 bedroom apartment with Lounge, Kitchen & Bathroom . 4 Bedrooms however the utility room could be used to make this a 5 Bed apartment.
Both properties are being sold together there is no option for the properties to be bought separately.
Serious buyers only - if interested we will expect you to show commitment
All viewings are to be arranged through Ainsworth Lord Estates and are strictly by appointment only.
If you need to sell your property to make this purchase then speak to us. We would be happy to discuss the various options you have. We could start with a Free Market Appraisal/Valuation.
We have dozens of Cash Rich Buyers looking for properties to acquire..... Who knows perhaps we could get them to make an offer on yours? Give us a call and let's see how we can get you moving.
Or, perhaps you don't really need to sell the house you're in? Have you considered this? You'd be surprised at the options available to you.
Free - mortgage advice:
For Re-Mortgages, Buy-To-Let Mortgages, and other Residential Mortgages. (Even for people with a poor credit rating).
Never pay for mortgage advice. There is no need to.
Our Mortgage Advisors - London & Country are one of the largest mortgage brokers in the UK, and have access to more lenders than other local mortgage providers, giving you more choice and potentially saving you thousands of pounds.
Plus...
Our clients receive a free insurance voucher to cover your survey and legal fees in the event your purchase falls through.
We are not aware of any other agent offering this extra bonus.
Contact us to arrange a call from our mortgage brokers - at a time to suit you, including evenings and weekends.
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.
Disclaimer -
Unless stated otherwise, these details may be in a draft format subject to approval by the property's owners. 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 Ainsworth Lord Estates 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.
Copyright Reserved.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the agent's express prior written consent. The agent's copyright must remain on all reproductions of material taken from this website.
Full Description
Ainsworth Lord Estates are delighted to offer for sale 2 large flats located on Watery Lane, Springvale, Darwen.
Situated in a desirable location, this property offers the potential to generate income as both flats are already tenanted, both tenants currently paying £750 pcm each.
The property is currently bringing in a total monthly income of £1500 pcm (£18,000 pa)
Buyers Should Take Note:
At the time of listing (June 24) the lha Rate for a 4 bed property is currently £182.96 p/wk (£792.83pcm)
with the rate for a 5 bed property not being published.
Flat 1- A great size 4 bedroom apartment with Lounge, Kitchen, Rear Yard, 4 Bedrooms & Bathroom.
Flat 2- Yet again another huge 4 bedroom apartment with Lounge, Kitchen & Bathroom . 4 Bedrooms however the utility room could be used to make this a 5 Bed apartment.
Both properties are being sold together there is no option for the properties to be bought separately.
Serious buyers only - if interested we will expect you to show commitment
All viewings are to be arranged through Ainsworth Lord Estates and are strictly by appointment only.
If you need to sell your property to make this purchase then speak to us. We would be happy to discuss the various options you have. We could start with a Free Market Appraisal/Valuation.
We have dozens of Cash Rich Buyers looking for properties to acquire..... Who knows perhaps we could get them to make an offer on yours? Give us a call and let's see how we can get you moving.
Or, perhaps you don't really need to sell the house you're in? Have you considered this? You'd be surprised at the options available to you.
Free - mortgage advice:
For Re-Mortgages, Buy-To-Let Mortgages, and other Residential Mortgages. (Even for people with a poor credit rating).
Never pay for mortgage advice. There is no need to.
Our Mortgage Advisors - London & Country are one of the largest mortgage brokers in the UK, and have access to more lenders than other local mortgage providers, giving you more choice and potentially saving you thousands of pounds.
Plus...
Our clients receive a free insurance voucher to cover your survey and legal fees in the event your purchase falls through.
We are not aware of any other agent offering this extra bonus.
Contact us to arrange a call from our mortgage brokers - at a time to suit you, including evenings and weekends.
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.
Disclaimer -
Unless stated otherwise, these details may be in a draft format subject to approval by the property's owners. 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 Ainsworth Lord Estates 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.
Copyright Reserved.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the agent's express prior written consent. The agent's copyright must remain on all reproductions of material taken from this website.
Floor plans and tours
Floor plans (2)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Ainsworth Lord Estates
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Property descriptions and related information displayed on this page are marketing materials provided by - Ainsworth Lord Estates. 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 Ainsworth Lord Estates for full details and further information.