Immediate income with refurbishment upside near schools and transport.
Sitting tenant paying £625 PCM, immediate rental income
A ready-made rental with an established sitting tenant, this two-bedroom mid-terrace offers immediate income and scope to add value. The tenant pays £625 PCM, providing a steady return from day one. The house combines original Victorian character — high ceilings, decorative mouldings and a fireplace — with a modern fitted kitchen and gas central heating.
The property does need some updating externally and the facade is dated; internal rooms are generally well-presented but buyers should expect cosmetic work and potential modernization to raise long-term rents or resale value. The attic has a fixed staircase and a Velux window but is not currently certified as a bedroom, so conversion would need checking and possible certification.
Practical points: double glazing, mains gas boiler and radiators, enclosed rear yard and a small front garden keep maintenance low. The location is convenient for local amenities, bus routes and a number of nearby schools, including a Good-rated primary and secondary options. Note the wider area is classified as very deprived with above-average crime, which may affect yields and future demand.
This is a straightforward buy for investors seeking an income-producing, freehold terrace in Blackburn with refurbishment potential. Access is limited while the tenant remains in situ, so viewings and any immediate works will need tenancy cooperation.
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