Summary - 316 NEWCHURCH ROAD BACUP OL13 0UJ
3 bed 2 bath Commercial Property
**Standout Features:**
- Mixed-use property with rental income from two residential flats and a commercial salon
- Newly renovated basement apartment; currently vacant
- Established tenants in situ generating over £1,300 PCM
- Contemporary kitchen and modern bathroom finishes
- Chain free and freehold tenure for maximum investment flexibility
This remarkable mixed-use property, located on the desirable Newchurch Road, presents an outstanding investment opportunity with multifaceted income streams. The ground floor hosts a well-established salon producing a steady income of £324 PCM, while above, a two-bedroom apartment offers light-filled living space complete with an open-plan kitchen and modern amenities, currently generating £525 PCM. The one-bedroom ground-floor apartment, boasting a stylish bathroom and newly fitted kitchen, is ready for immediate rental, adding further income potential at £525 PCM.
All units exhibit excellent presentation, with the newly renovated basement apartment featuring high-quality finishes that enhance appeal for future tenants. The combination of residential and commercial spaces in this freehold property not only provides reliable passive income but also reflects excellent long-term growth potential.
This property is ideal for investors looking for turn-key options with minimal maintenance, strategically situated in an area with good local amenities, and just a short distance from well-rated primary schools. Seize this rare opportunity to secure a lucrative investment without the burden of a chain!
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