Summary - 5A, ST. JAMES SQUARE, BACUP OL13 9NH
3 bed 3 bath Apartment
**Standout Features:**
- Mixed-use portfolio: 2x 1-bedroom apartments, 1x studio apartment, and a ground-floor retail unit
- Excellent town center location with good passing trade and visibility
- Strong rental yield potential estimated at 8.5%-9%
- Separate communal entrance for residential units, ensuring privacy
- Retail unit and two apartments currently leased, while the studio is vacant for immediate occupancy
**Notable Concerns:**
- Area has been classified as having very high crime rates
- Local schools vary in quality, with some rated as inadequate
- Greater context of deprivation in the area highlighted
Discover an exciting investment opportunity with this mixed-use portfolio in the heart of Bacup, located at St. James Square and Tower Street. This property offers two one-bedroom apartments and a cozy studio, alongside a bustling ground-floor retail unit that already benefits from strong foot traffic. Ideal for investors, you can take advantage of the current rental yields of approximately 8.5%-9% while also exploring the potential for increased rental income as the local area receives regeneration funding, including a new market hall that is already in progress.
Although the area does exhibit a higher crime rate and some local schools may not meet top standards, the property’s central location places it within walking distance of a variety of amenities such as shops, healthcare facilities, and public transport. The apartment units boast modern features with open-plan living areas and ample natural light, while offering tenants a separate communal entrance for added convenience. Don’t miss out on this valuable opportunity to capitalize on Bacup's growth potential—arrange your viewing today and envision the future possibilities!
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