Tenant-in-place, immediate rental income in a well-connected Rossendale location.
Current gross income £7,500 annually (tenant in situ)
Approx. 474 sq ft—compact one-bedroom layout
Freehold Victorian stone mid-terrace, standard ceiling heights
Very small plot with minimal forecourt and on-street parking only
Condition: cosmetic works likely; potential damp and peeling reported
No flood risk; excellent mobile signal and fast broadband
Likely interest from investors and developers seeking rental yield
Buyer's premium applies to the purchase process
This one-bedroom mid-terrace in Loveclough is presented primarily as a buy-to-let opportunity and is currently let to long-term tenants who wish to stay. The property is freehold, of traditional stone terrace construction, and sits on a very small plot with on-street parking and direct pavement access. It generates a current gross income of £7,500 per year (approximately 6.25% gross yield at the listed price).
Internally the house is compact (around 474 sq ft) with a lounge, kitchen and three-piece bathroom. Condition is mixed: the living area shows contemporary finishes but potential damp and some peeling are noted, and overall the property will suit investors or buyers prepared to carry out light cosmetic work. There is minimal external space and limited kerb appeal due to the small forecourt and street frontage.
This is a straightforward income asset for a landlord or portfolio investor seeking a tenant-in-situ purchase with immediate rent roll. The area is classified as affluent with good mobile and broadband connectivity, reasonable local amenities and schools nearby. Important practical points: the plot is very small, some internal remedial work is likely, and a buyer’s premium applies to the sale process.
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