Two self-contained flats, immediate income and refurbishment upside in Bamber Bridge..
10% gross yield from two self-contained two-bedroom flats
Ground-floor flat recently renovated; EPC rating C for ground floor
Separate entrances; tenanted — immediate rental income of £14,880 pa
Freehold mid-terrace, good motorway links and local amenities
Compact total size ~657 sq ft; limited internal space overall
Small rear garden with loose stones; low maintenance external space
Area classified as deprived with high local crime rates
Original cavity walls assumed uninsulated; potential upgrade costs
A compact mid-terrace on Station Road offers an income-led purchase ideal for investors seeking immediate returns. The building contains two self-contained two-bedroom flats with separate entrances, producing a combined rent of £14,880 per year (c.10% yield) and arriving with the ground-floor flat recently renovated and EPC C. The freehold title and straightforward layout make management and lettings simple.
The ground-floor apartment benefits from recent refurbishment: contemporary kitchens, new fixtures, UPVC double glazing and a modern bathroom. The first-floor flat is spacious and currently tenanted, preserving income from day one. Good motorway connections and nearby amenities support rental demand in this part of Bamber Bridge.
Buyers should note material local and property issues. The area registers as deprived with high local crime levels, which can affect tenant profile and rental growth. The overall property footprint is small (approximately 657 sq ft overall) and external garden space is limited and low-maintenance (loose stones). Cavity walls are original and assumed uninsulated, which may require future investment.
This is an acquisition for an investor comfortable with a hands-on or lettings-focused asset: solid current yield and immediate income, balanced against neighbourhood challenges and likely future maintenance or insulation upgrades. Tenanted status means viewings are restricted and sale will be subject to tenancy terms.
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