Summary - 10 DERBY STREET ACCRINGTON BB5 1BP
3 bed 1 bath Terraced
Immediate rental income with potential yield uplift for hands-on investors.
3 bedrooms in a mid-terrace Victorian property
A compact three-bedroom mid-terraced house in Accrington offered with a long-term tenant in situ. The property generates an annual gross income of £4,980 and is presented as a straightforward buy-to-let addition for investors seeking immediate rental returns and potential upside if re-let at market rates.
Accommodation is typical of a Victorian terrace: two storeys, modest room sizes and a small private rear garden. The stone-fronted façade appears weathered and images suggest minor damp marks; internal condition and exact layout should be verified by viewing and survey. The property is leasehold and the buyers premium applies to the sale.
This listing will attract investor and developer interest due to the current income stream and suggested yield metrics: circa £415pcm (around 5.8% gross) with potential market rent and higher yield if re-let. The existing tenants have a long-standing occupancy and intend to remain, offering rental stability but limiting immediate vacant possession options.
Important negatives are factual: the area is classified as very deprived with higher crime levels, room sizes are compact, and some external signs of wear and damp are visible. These factors affect tenant demand and refurbishment costs; budget for repairs and confirm energy, legal and leasehold details before purchase.
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