Summary - 54 SPRING STREET ACCRINGTON BB5 0HF
2 bed 1 bath Terraced
Immediate rental income with refurbishment upside for cash-flow focused buyers.
["Two-bedroom mid-terrace with rear garden (small)","Currently let, gross income £4,500 per year","Leasehold tenure — check lease terms and service charges","On-street parking only; no private driveway","Area: very deprived with high local crime levels","Medium flood risk — affects insurance and lenders","Dated interior; light-to-medium refurbishment likely required","Buyer’s Premium applies on purchase — factor into costs"]
A compact two-bedroom mid-terrace in Accrington presented primarily as a buy-to-let opportunity. The property is currently let to long-term tenants producing a gross annual income of £4,500, offering immediate rental return from day one. The stone-fronted façade and traditional layout suit investors seeking steady yield in an established rental area.
The house is leasehold and sits on a constrained, blue-collar terrace with on-street parking only and a modest rear garden. The neighbourhood has higher crime and very deprived area indicators, and the building will suit investors familiar with managing tenancies in such locations. There is a medium flood risk to note for insurance and maintenance planning.
Internally the accommodation is small-to-average with dated finishes and will benefit from light refurbishment to increase rental value or reposition for sale. The property is straightforward to inspect and re-let but expect ongoing maintenance and potential upgrade costs. A Buyer’s Premium applies on purchase — factor this into acquisition costs.
This is a clear cash-flow opportunity for buy-to-let investors or developers able to manage tenancy continuity and carry short refurbishment works. For a full picture of income, tenancy and potential upside, request the Let Property Pack and arrange a site inspection before bidding.
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