This property has been taken off the market.

2 Bed Flat For Sale Lee Lane, Bolton, BL6

£145,000- Flat

1 of 8
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Last Updated: 15th May 2024

Description

*SPLIT COMMERCIAL & FULLY REFURBISHED RESIDENTIAL UNIT IN HEART OF HORWICH - RETURNING 8% YIELD**\r
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CALLING ALL INVESTORS AND LANDLORDS -Mid Brick Fronted Terrace on Popular High Street - Combined Income Bringing in Immediate High Yield - No Chain - Ample Local Parking - Long Standing Residential Tenant\r
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An excellent opportunity to purchase this brick fronted mid terrace mixed use property situated in the heart of Horwich. The commercial property has a new tenant on a short term lease with the option to keep the tenant or become owner occupiers. There is a separate two storey residential two bedroom flat upstairs with its own access from the car park with stairs up to the first floor. The flat combines double bedroom, three piece shower room, spacious kitchen with range of wall and base units and lounge overlooking the front. The flat will be in need of some modernisation should the tenant ever decide to move out and the new owner will have the option to increase the rent. The property is ideal for any landlord or investors looking for combined return of 8% for both units and with plenty of further potential.\r
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The position is unrivalled being in the middle of a parade of shops in the heart of the ever popular Lee Lane close to many other retail units, cafes and ample free parking on Captain Street. Offered with No Chain and returning a high yield of dual income.\r
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Commercial split use properties offering this space and potential whilst bringing in a yield this high in this area of Horwich are not offered for sale very often. Please call the office to arrange a viewing.
Agent Details
Regency Estates
29 Lee Lane Horwich BL6 7AY

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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