House For Sale Preston Old Road, Blackburn, BB2

£190,000

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Last Updated: 23rd April 2024

Description

INVESTMENT INVESTMENT INVESTMENT!!! Duffin's Estate Agents are delighted to bring to the sales market this mixed commercial/residential investment property which has a monthly income of £1670.00. The property is situated in the popular area of Cherry Tree within a parade of shops across the road from Sainsburys, close to all local amenities, motorway connections and the railway station.

Commercial Shop
This currently operates as a Paint Shop on a Full Repairing Lease

Ground Floor Flat
This is situated around the back of the premises and comprises of an open plan kitchen lounge, bedroom with fitted wardrobe and dresser, fully fitted kitchen and three piece bathroom.

First Floor Flat
This is situated above the commercial shop and comprises of an open plan kitchen lounge, bedroom with fitted wardrobe, fully fitted kitchen and three piece bathroom.

This is the perfect property investment for anyone looking to buy mixed residential/commercial premises with a good rental yield.
Agent Details
Duffin's Estate Agents

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested