Guide price
£45,000
2 bed flat for saleSnowdon Avenue, Blackburn. Lancs. BB1
2 beds
1 bath
1 reception
~635 sq. ft
EPC Rating: D
About this property
For sale by auction
At least 15% yield
Excellent investment opportunity
Ideal first home
Two bedrooms
Spacious reception room
Fitted Kitchen
Family bathroom
Storage heaters
UPVC double glazed windows
Communal gardens
Description
Mayets are delighted to offer for sale this spacious two-bedroom ground floor apartment, conveniently located with access from both Wimberley Street and St James Road, offered for for sale by modern method of auction. Requiring some modernisation, this presents an excellent opportunity to add value.
The accommodation comprises a generous main reception room, two well-proportioned double bedrooms, and a family bathroom with feature tiling and electric shower.. The property benefits from private access via a communal entrance, along with the added advantage of a useful storage room.
The property offers strong investment potential, with an estimated annual rental income of £8,400-£9,000, providing a potential gross yield of 15% or more.
Externally, there is a communal lawned area for residents to enjoy.
Dimensions:
Reception room:
Kitchen:2.75m x 2.41m
Bedroom one:3.8m x 3.52m
Bedroom two:4.09m x 2.72m
Family bathroom:1.81m x 1,78m
Tenure: Leasehold
Ground Rent: £20 per month
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