**Standout Features:**
- Investment opportunity with a current tenant and new AST until March 2025
- Rental income of £600 PCM
- Two well-proportioned bedrooms and a three-piece bathroom
- Welcoming reception room and fitted dining kitchen
- Low maintenance rear yard
- EPC Rating: D; Council Tax: Band A
- Leasehold tenure
**Potential Concerns:**
- Located in an area classified as deprived with high crime rates
- Constructed with no insulation (assumed)
- Maintenance may be required due to age (1900-1929)
This charming mid-terrace home in Colne offers an excellent investment opportunity with a reliable tenant in place. Featuring a cozy reception room and a fitted dining kitchen, this property provides a functional living space. Upstairs, you’ll find two well-sized bedrooms, perfect for comfort and privacy. The three-piece bathroom suite adds to the practical layout. With a low-maintenance rear yard, you can enjoy outdoor space without the upkeep hassle.
Considering its location in a vibrant yet challenged area, this property is ideally suited for buy-to-let investors seeking steady rental income. The current rent of £600 PCM, with a new tenancy secured until March 2025, ensures a swift return on your investment. While the property may need some maintenance and is located in a high-crime area, its strong rental potential and affordability at £85,000 make it a smart choice for first-time investors looking to establish a foothold in the market. Early viewing is highly recommended to seize this opportunity before it's gone!
