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Manchester Road, Burnley, Burnley £67,450

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  • Tenanted Apartments
  • Recently Refurbished
  • 8% Net Returns For 1 Year
  • Close To Town Centre
  • 125 Year Lease From Jan 2017

Ashworth House is an excellent development situated in Burnley’s town centre, a stone’s throw away from shops, banks, bars and restaurants. Comprising of 58 contemporary one bedroom apartments, we are pleased to offer 20 units on the top floors for sale with the highly desirable benefit of being built, refurbished and tenanted. Ashworth House attracts a mixture of people to Burnley’s centre, with excellent transport links with the M65 motorway located nearby and Burnley rail station with direct links into Manchester Victoria just a few minutes’ walk away from the development. The well-presented apartments are fully managed and offer investors a circa 8% gross yield.
Built and tenanted, with excellent occupancy.
57 apartments in total. 20 self-contained 1 beds being sold, all on highest floors.
8% gross assured yield for one year, income paid monthly from completion.
Below market value - Prices from £67,450.
Fully managed by experienced team.
125 year lease from January 2017.
Each apartment is 475 sqft / 44sqm.
Ground rent is £350 per annum. Service Charge is £567 per annum.
Reserve for £2,500.
Ground rent is £350 per annum. Service Charge is £567 per annum.




Manchester Road, Burnley
Burnley bb11 1hb
Sale Type: For Sale
Ref #: AM006728

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Manchester Road, Burnley
Burnley bb11 1hb
Sale Type: For Sale
Ref #: AM006728
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