5 bed flat for sale

62-64 Preston New Road BB2

Description

Mayets are delighted to bring to market this exceptional freehold block of five modern apartments, ideally positioned on the ever-popular Preston New Road, close to Blackburn town centre and excellent transport links. With high rental demand, strong occupancy levels, and a superb yield of over 10%, this turnkey investment offers an outstanding opportunity for both new and experienced landlords.*********** unexpectedly back on the market***********

Beautifully renovated just over a year ago, the property has been finished to a contemporary standard throughout and is attractively located on a busy main road, making it especially desirable for professional tenants.

The development comprises:

- A well-presented basement apartment currently achieving £650 pcm.
- Two modern one-bedroom ground floor apartments, both occupied by working professionals. £650 pcm and one is currently vacant.
- Two spacious two-bedroom duplex apartments, each featuring a master bedroom to the attic and separate kitchen and living areas. £725 pcm and £675 pcm

Being freehold with no communal areas and minimal ongoing maintenance, this property presents a rare low-maintenance investment with consistent rental returns and excellent long-term potential.

A fantastic opportunity to acquire a fully renovated, high-yielding, and easily managed property in a prime location close to Blackburn town centre and major transport routes. Early viewing highly recommended.

Tenure: Freehold