Summary - 20 NORWOOD AVENUE BLACKBURN BB2 3PE
3 bed 1 bath Terraced
Income-producing three-bedroom house with garden and refurbishment upside.
Tenant in situ paying consistent rent
This traditional three-bedroom Victorian terraced house on Norwood Avenue offers a straightforward investment in Blackburn with a tenant in situ and immediate rental income. The property includes private front and rear gardens, two reception rooms, a fitted kitchen and a single three-piece bathroom across two floors — typical room sizes for this style. The long lease (887 years remaining) removes long-lease concerns for buyers used to leasehold stock.
The current gross rental income is £6,600 per year and the tenants wish to remain, making this attractive for investors seeking an income-producing addition to a portfolio. On-street parking and good digital connectivity (fast broadband, excellent mobile signal) support tenant demand. The property has period features and visible renovation potential in the living room and other areas for landlords targeting rental value uplift or refurbishment schemes.
Important negatives are the property's setting in a very deprived area with high local crime rates and constrained renter classification; this will affect tenant quality and resale prospects. The property is offered as leasehold and a Buyer's Premium will be applied — both are material to acquisition costs. Buyers should also note typical terraced proportions: average overall size and a single bathroom may limit appeal to some tenants or owner-occupiers.
This is best suited to serious investors or developers comfortable working in lower-value, high-yielding neighbourhoods who can manage tenants and consider light-to-moderate refurbishment to increase rent. Full tenancy and Let Property Pack details should be reviewed before offer.
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