Summary - 2 ELSWICK STREET DARWEN BB3 3DX
2 bed 1 bath End of Terrace
Ready-let period home with income potential in central Darwen.
Tenant in situ, producing £616 pcm income
Sold via Modern Method of Auction; 56-day completion required
Buyer pays non-refundable Reservation Fee (4.5% or min. £6,600)
Victorian stone end-terrace with modern interior presentation
Approx. 678 sq ft; two bedrooms and one bathroom
Situated in a very deprived area; above-average local crime rates
Very small rear plot and limited outdoor space
EPC D; double glazing present, wall insulation likely missing
This two-bedroom end-terrace on Elswick Street is offered via the Modern Method of Auction and presents a straightforward entry to homeownership or a buy-to-let addition. The property is currently let at £616pcm and is available with tenant in situ, providing immediate income. The interior is presented in modern neutral décor with open-plan living and a contemporary bathroom; the house is compact at around 678 sq ft but feels bright and practical.
Buyers should note the sale process and costs: the property is sold through auction with a 56-day completion window and a non-refundable Reservation Fee (4.5% of the purchase price, min. £6,600) payable by the buyer in addition to the purchase price. A Buyer Information Pack is supplied for a fee. These amounts are material when budgeting and can be significant for mortgage buyers.
Location strengths include fast broadband, good mobile signal, nearby primary schools rated Good, and no flood risk. However, the home sits in a very deprived area of Darwen with above-average crime statistics and a local profile of constrained renters; this is an important consideration for owner-occupiers and investors assessing long-term demand and yield.
The building dates from the early 20th century with a stone Victorian exterior and double glazing (install date unknown). There may be typical period-property maintenance to consider (external stonework and likely limited wall insulation). Council Tax and running costs are low, and mains gas central heating is installed, making the property economical to heat.
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