AT A GLANCE
- 1 - 2 Bedroom(s)
- 387 - 549 sq ft
- Service chg. £745 pa
- Ground rent £250 pa
- 9 Plots
A built and tenanted character mill conversion located in the well invested area of Padiham forming part of the Borough of Burnley, ranked highest place in England in rental hot spots.
These tenanted 1 bed + study and 2 bedroom apartments offer a great investment for anyone looking for a cash only investment with strong yield returns.
With tenants already in situ, meaning income is earned immediately, this is a fantastic low risk opportunity, ideal for investors of any experience.
The development provides easy access to M65 and A66 meaning it is perfectly placed for commuting to many locations including Burnley, Bolton, Preston and Manchester all within easy reach. Its central location means shops, restaurants and local amenities are all nearby, with many bus and train services also available.
Burnley has a planned 50 million pound retail investment due which will bring many additional businesses into the area creating a considerable amount of jobs. Padiham its self is currently undergoing a 10 million pound investment into the centre and surrounding area.
The North West has also topped the league having the highest predicted house price increases over the next five years and if that wasnt enough Burnley was recently reported to have seen house prices increased above the North West average with apartments seeing the biggest increases.