Fantastic Investment Opportunity: Three-Bedroom Property Split into Two Apartments â Padiham
This three-bedroom property, cleverly converted into two spacious apartments, offers an incredible opportunity for investors seeking strong rental returns. Located in the sought-after area of Padiham, this property delivers both size and convenience, making it attractive to tenants and ensuring steady income. With an approximate 9% yield per annum, this investment promises excellent returns and long-term growth potential in a vibrant and sought-after location.
Key Features:
⢠Two Self-Contained Apartments across four floors
⢠Spacious Rooms Throughout
⢠Modern Kitchens
⢠Strong Rental Market in Padiham
⢠Convenient Location
⢠Great investment opportunity
⢠Good rental yield
Agentâs Perspective
This property is a gem for investors looking to maximize returns. The approximate 9% yield is a standout figure, reflecting the strong demand for rental properties in Padiham. The split into two apartments adds versatility, offering options to rent both or even occupy one while letting the other. The size of the rooms is a real highlight â spacious and light-filled, they add to the appeal for tenants. Situated in Padiham, this property benefits from the areaâs excellent amenities, including local shops and supermarkets. The nearby transport links make commuting to Burnley and beyond a breeze, further increasing its rental potential. With everything already in place, this property is a turnkey investment with minimal hassle. Opportunities like this donât come along often.
Clients Perspective
After 30 rewarding years of owning this buy-to-let property, weâve decided to sell as part of our plans for retirement. This property has been a cornerstone of our investment journey, providing consistent returns and peace of mind throughout its tenure. Over three decades, weâve never faced any challenges with tenanting. The property has always been fully occupied, reflecting its desirability and excellent location. Both flats are in great condition and ready for immediate occupancy. Whether the buyer continues letting them or converts the property back into a single-family home, the transition will be seamless. While the property is currently configured as two flats, it can easily be converted back into a spacious family home, offering excellent versatility for different buyer needs. Situated close to essential amenities like Tesco and with easy access to major transport links, including the motorway to Burnley, Blackburn, and Manchester. For investors, the property offers a potential 9% return on investment as it stands, making it a compelling option for anyone looking to expand their portfolio.Weâve cherished owning this property, but now itâs time for us to step back and enjoy retirement. Itâs a fantastic opportunity for a buyer looking for a reliable investment or a family in search of a home with great potential.
Advert Description
Welcome to this stunning 3-bedroom house located in Cemetery Road, Burnley. Situated in a convenient location, this property offers spacious rooms throughout, making it an excellent opportunity for investors or buyers looking for a versatile living space.
Key Features
1. Two Self-Contained Apartments Across Four Floors
Enjoy the flexibility of this property with two self-contained apartments. Separate entrances and fully equipped kitchens ensure privacy and independence for each unit.
2. Easily Converted Back into a Four-Bedroom House
With a simple conversion, this property can revert to a four-bedroom house, allowing for spacious living arrangements and increased value.
3. Spacious Rooms Throughout
Experience the comfort of ample space in every corner of this house. From the bedrooms to the reception rooms, you will find plenty of room for relaxation and entertainment.
4. Modern Kitchens
The property features modern kitchens in both the main house and the separate apartments. Enjoy the convenience and style of updated appliances and a contemporary design.
5. Basement and Loft
Additional storage space is provided with a basement and a loft area. Perfect for keeping your belongings organized and decluttering your living spaces.
6. Strong Rental Yield
Investors will appreciate the strong rental yield of this property. The self-contained apartments offer great potential for generating a steady stream of income.
7. Convenient Location
Situated in Cemetery Road, this property offers easy access to local amenities, schools, parks, and public transportation. Everything you need is just a short distance away.
8. Great Investment Opportunity
Whether you are looking to expand your property portfolio or make your first investment, this property presents an excellent opportunity for growth and returns.
Don't miss this chance to own a versatile property in a convenient location with strong rental potential. Contact us today to schedule a viewing and secure your investment in this exceptional house!
