Summary - 36 ELMFIELD STREET CHURCH ACCRINGTON BB5 4DZ
2 bed 1 bath Terraced
Ready-made income stream with low-maintenance yard and quick commute links.
Long-standing tenant in situ for 18 years, income £476 pcm
Set in Church, Accrington, this mid-terrace stone home is offered with a long-standing tenant in place, producing £476 pcm and providing immediate rental income. The property’s bay-fronted Victorian build and compact layout make it straightforward to manage, with an enclosed rear yard for low-maintenance outdoor space.
Internally the house requires updating: décor and finishes are dated, there are signs of potential damp in the living room, and the original sandstone walls are likely uninsulated. The heating is mains gas with a boiler and radiators, and glazing is double, though installation date is unknown. These factors mean capital works and modernisation will be needed to raise standards and future rental value.
Practical advantages include very cheap council tax, excellent mobile signal and fast broadband, no flood risk and good road links to Accrington town centre. The wider area is classed as very deprived with constrained local renters, which supports steady demand for affordable tenancies but may limit capital growth prospects.
Overall, this is a straightforward, cashflow-focused purchase for a buyer seeking an immediate, low-maintenance let with upside from refurbishment. Note the property is leasehold, set within a working-class terrace area, and requires investment to address damp, insulation and cosmetic renewal.
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