Summary - 248, Spendmore Lane, Coppull, CHORLEY PR7 5DE
5 bed 3 bath Not Specified
**Standout Features:**
- Block of three rental properties (two apartments and one retail unit)
- Gross rental return of approximately 8.4%
- Village centre location, providing easy access to amenities
- Total size: 1,450 sq ft; includes 5 bedrooms and 3 bathrooms
- Leasehold with 855 years remaining; nominal ground rent of £1
- Strong potential for rental income with current tenants in place for the apartments
This is an exceptional investment opportunity, comprising a block of three rental properties in a prime village centre location, optimized for yield with a healthy gross rental return of around 8.4%. The first-floor apartment boasts four spacious bedrooms and a large kitchen-dining area, making it ideal for families or long-term tenants, while the ground-floor apartment features a functional layout with a modern kitchen and cozy living space.
Additionally, the retail unit is currently tenanted as a barber shop and offers valuable income with potential for various business uses, catering to the local community. The properties, with their combination of residential and commercial appeal, are perfect for investors looking to expand their portfolios or those entering the rental market. However, the ground floor may require attention to ensure optimal tenant satisfaction.
The area is well-served by numerous local amenities, including schools with good Ofsted ratings, enhancing its allure for families and prospective tenants alike. Given the level of interest in properties like these, act quickly to secure a versatile investment that promises both comfort and financial returns.
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