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SOLD STC

£85,000

Ridehalgh Street, Colne, BB8

Mid-Terraced

2

1

2

Property features

Tenure - Leasehold , 870 years remaining - Annual Ground Rent £13.90

Sale with Tenant In Situ

2 Reception Rooms

Council Tax Band A

EPC Rated 'C'

About this property

An excellent opportunity for property investors looking to add to their portfolio, this two-bedroom mid-terraced property is offered for sale with a tenant in situ, providing the potential for an immediate rental income. We understand the current tenant is paying approximately £700 per calendar month, subject to verification.

Situated within an established residential area of Colne, the property offers convenient access to local shops, supermarkets, schools and everyday amenities, with Colne town centre and surrounding transport links within easy reach.

Internally, the accommodation is arranged over two floors. The ground floor comprises an entrance hallway, two reception rooms, including a spacious living room with feature fireplace, and a fitted kitchen with white wall and base units, contrasting worktops and integrated cooking appliances.

To the first floor are two well-proportioned bedrooms and a family bathroom fitted with a bath, wash basin and WC.

Externally, the property benefits from a front garden area and planted borders, together with an enclosed rear yard featuring timber decking and an outdoor storage building.

Offering a practical layout, established tenancy and convenient location, this property presents an appealing opportunity for landlords seeking an addition to their rental portfolio.

Council Tax Band: A
EPC Rating: C
Tenure: Leasehold
Tenancy: Sold with tenant in situ
Rental Income: Believed to be £700 PCM (£8,400 per annum)

Key details

Broadband: up to 10000mbps

854ft2 floor area

1302ft2 plot size

Leasehold

Lease end: 22 October 2896

Council tax band A

Local authority: Lancashire

Additional information

Near the property

Schools
Transport

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Disclaimer - We have not tested any appliances, fixtures, fittings, or services and cannot confirm they are in working order. Buyers must satisfy themselves as to condition, and no employee of Fardella & Bell is authorised to give any warranty or guarantee. All measurements are approximate and may be subject to error. They should not be relied upon for furniture, fixtures, or floor coverings. These particulars are provided in good faith, approved by the vendor(s), and are subject to error and omission. They do not form part of any offer or contract. Buyers should satisfy themselves on all matters, including any alterations or works and the relevant consents or approvals. AML All buyers and sellers must complete Anti-Money Laundering checks in line with HMRC regulations before a transaction can proceed. Fardella & Bell uses Coadjute’s Assured Compliance service, and a fee is payable for each individual check.