£100,000
Elmfield Street
- 0 beds
£100,000
- 0 beds
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Property Overview
A fantastic opportunity for buy-to-let investors! This well-presented 2-bedroom mid-terraced property is situated in a popular and convenient residential location in Accrington, ideal for long-term rental income. With an existing tenant in situ and excellent rental potential, this property provides immediate returns with scope for future growth.
Key Investment Highlights
- Asking Price: [Insert price if known or leave blank for agents]
- Current Rental Income: £476 PCM / £5,712 annually
- Current Gross Yield: 5.71%
- Potential Rental Income: £675 PCM / £8,100 annually
- Potential Gross Yield: 8.1%
- Comparable Property Sales - Click here
- Tenancy Status: Let on a rolling contract – ideal flexibility for future rent reviews
- Rental Upside: Potential to increase rent in line with market rates
- Tenure: Leasehold – approximately 880 years remaining
- Council Tax Band: A
Property Features
- 2 Spacious Bedrooms
- Mid-Terraced Layout – Easy to maintain
- Modern Kitchen & Bathroom
- Gas Central Heating
- Double Glazed Windows
- Low-maintenance rear yard
Investment Potential
- Located in an area with strong rental demand
- Close to local amenities, schools, and transport links
- Long lease ensures a low-maintenance legal structure
- Ideal for portfolio landlords and first-time investors
Location Benefits
Elmfield Street is well-positioned for easy access to Accrington town centre, local shops, and transport connections. It’s a popular area with families and working professionals, helping ensure ongoing rental demand.
Ready-Made Investment
With a reliable tenant already in place and immediate rental income, this is a turnkey investment requiring minimal initial management. Whether you are expanding your portfolio or starting out, this property is an ideal low-risk entry.
*Viewings of this property are available; however, please note the property is tenanted and we need to be respectful of the tenants' right to a peaceful environment. As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*
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