Lloyd Street, Darwen, BB3

Overview

A leasehold two-bedroom mid-terrace house in Darwen, let to a long-standing tenant. The passing rent of £8,400 per annum gives a gross yield of 9.3% at the £90,000 asking price, a simple single-let income investment with the tenant already in place.

Investment highlights

• Two-bedroom mid-terrace house, 980 sq ft (91 m²)
• Let to a long-standing tenant, income from day one
• Passing rent of £8,400 per annum (£700 pcm), 9.3% gross yield at the asking price
• EPC rating C
• Traditional terraced street in Darwen, Lancashire

The numbers

Asking Price	£90,000
Current Rent	£8,400 pa
Current Gross Yield	9.3%
Tenure	Leasehold
EPC	C
Floor Area	980 sq ft