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Buy to let

Tenanted BTL in Bacup

OL13 0HU, Rossendale
£95,000
35.8 sqm
1 Unit
Purchase price £95,000
Monthly income £750
ROCE 15%
Gross yield 9%

About this property

BTL-BRRR-Turnkey Investment Opportunity: Prime 2-Bedroom Flat with Existing Tenancy

Discover a turnkey investment opportunity in Rossendale district, featuring a well-maintained 2-bedroom flat that’s already generating £9,000 annual gross rental income. With reliable tenants in place and strong rental demand in the area, this property offers immediate cash flow and long-term growth potential for savvy investors.

Key Investment Highlights
• Location: Close to essential amenities, transport links, and local schools
• Property Type: 2-bedroom ground/first-floor flat (leasehold)
• Current Income: £9,000 gross per annum
• Tenancy Status: Fully let with stable, long-term tenants
• Lease Length: 105 years remaining
• Council Tax Band: A (low band = lower ongoing costs for tenants)

Tenant & Rental Security
• Existing Tenants: Verified long-term tenants with a consistent rent payment history.
• Low Vacancy Risk: Tenants have expressed no intention to move, ensuring uninterrupted income.

Why Invest in this property?
• Affordable Entry Point: Lower purchase price compared to other UK regions.
• High Rental Yield Potential: Strong demand for affordable 2-bedroom homes.
• Regeneration Area: Is seeing ongoing infrastructure and community improvements.
• Shared Outdoor Spaces: Shared front and rear gardens add value and appeal to tenants.

What Next?
This isn’t just a property - it’s a cash-flowing asset with minimal management hassle. Ideal for investors looking to expand their portfolio with a low-risk, high-yield opportunity in a growing Northern market. Please get in-touch for further details.

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Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.

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