Summary - 18 HIGHER CHURCH STREET DARWEN BB3 3HU
2 bed 1 bath Terraced
Immediate rental income with potential to improve energy performance..
- Sitting tenant in place, currently paying £600 pcm
- Quoted gross yield c.9.6% at guide price
- Sold via Modern Method of Auction; reservation fee applies
- Long lease remaining (approx. 831 years)
- No external garden; rooms small to average in size
- Area: very deprived with very high local crime levels
- Double glazing pre-2002; sandstone walls likely uninsulated
- Excellent mobile signal and fast broadband
This mid-terrace two-bedroom property in Darwen is offered as a buy-to-let investment with a sitting tenant paying £600 pcm, producing a quoted 9.6% gross yield at the current guide. The house is leasehold with a very long remaining term (approx. 831 years) and is sold via the Modern Method of Auction — buyers must allow for a non-refundable reservation fee (4.5% of price, minimum £6,600) plus a Buyer Information Pack fee (£300). Completion is required within 56 days of reservation.
Accommodation is compact and presented with basic, neutral finishes: a lounge, fitted dining kitchen with integrated oven, two first-floor bedrooms and one bathroom. The property has double glazing installed before 2002, mains gas heating with boiler and radiators, and an EPC currently around band D (approx. 54) with potential to improve. There is no visible external garden and rooms are small–average in size.
Location benefits include a quiet cul-de-sac position in a conservation area close to Darwen town centre, good local amenities and a 45-minute commute to Manchester. Practical positives for landlords include excellent mobile signal and fast broadband; council tax is very low. Material considerations: the area is described as very deprived with very high local crime levels, construction suggests sandstone/limestone walls without cavity insulation (assumed), and some services or improvements may be needed to raise energy efficiency or letability.
This lot suits investors seeking immediate rental income and a straightforward let-with-tenant purchase, or buyers prepared to invest in modest upgrades to improve EPC and appeal. Due to auction sale mechanics, budget for buyer fees and perform any lender checks, surveys and tenancy reviews before bidding.
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