BUY IT NOW!!! - ***CHARMING TENANTED TWO BEDROOM MID-TERRACE***GREAT INVESTMENT OPPORTUNITY WITH IMMEDIATE RENTAL INCOME***CLOSE TO DARWEN TOWN CENTRE AND LOCAL AMENITIES***ANNUAL RENTAL INCOME OF £7,800 PER ANNUM (PRODUCING ANNUAL RENTAL YIELD OF 12% BASED ON GUIDE PRICE)***
Located on Holker Street in Darwen, this two-bedroom mid-terrace property is offered for sale with a tenant in situ, providing an excellent opportunity for investors seeking an immediate rental income stream.
The accommodation comprises a spacious lounge, a fitted kitchen/dining area, two well-proportioned bedrooms, and a family bathroom with a three-piece suite. The layout is practical and well suited to long-term rental demand.
Externally, the property benefits from a private enclosed rear yard, offering low-maintenance outdoor space for tenants.
The property is conveniently situated close to Darwen town centre, local amenities, schools, and transport links, making it an attractive and easily lettable investment.
This property represents a ready-made buy-to-let opportunity, ideal for investors looking to expand their portfolio with a property already producing income.
Monthly rent of £650 (£7,800 per annum, producing an annual rental yield of 12% based on guide price).
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 259, Blackburn Road, Darwen, BB3 1HL - 2 bedroom - SOLD Mar'24 - £135,000
- 40, Wisteria Drive, Lower Darwen, BB3 0QY, - SOLD Jul'25 - £127,000
- 10, View Road, Darwen, BB3 0AS - 2 bedroom - SOLD Aug'25 - £105,000
Darwen is a market town and civil parish in the Blackburn with Darwen borough in Lancashire, England. The residents of the town are known as "Darreners". The A666 road passes through Darwen towards Blackburn to the north, Bolton to the south and Pendlebury where it joins the A6, about 18 miles (29 km) north-west of Manchester. The population of Darwen was 27,897 in 2021.
***TRANSPORT***
Darwen sits in a large valley strung along the A666 road along the valley floor. It is connected to the motorway system at Junction 4 of the M65 at Earcroft, on the town's northern boundary, and considerable traffic passes through the town centre along the A666, causing high levels of air pollution. The local council has recently attempted to address the situation by adding a new road layout to the town centre, with public transport and junction improvements to reduce traffic.
Darwen stands along the Ribble Valley railway line, operated by Northern. Darwen railway station has up to two trains per hour between Blackburn and Rochdale (via Bolton and Manchester); one train per hour continues beyond Blackburn to Clitheroe.
Darwen's bus terminal (Darwen Circus) hosts buses up to every 12 minutes to Blackburn/Accrington on weekdays. There is also a service, every 20 minutes on weekdays and hourly on Sundays, to Bolton and Clitheroe, but the Bolton service terminates at 7:00pm. Both services are operated by Blackburn Bus Company.
***EDUCATION***
Education in Darwen includes a variety of schools, a curriculum that covers the national standards with some schools offering specialized technical subjects, and a strong emphasis on student well-being and development. Darwen's secondary schools have above-average progress 8 attainment, and a majority of schools in the borough have been rated good or outstanding by Ofsted. The borough's education system is a part of the broader Blackburn with Darwen borough council which has a total of 64 primary schools and 26 secondary schools.
***THINGS TO DO***
Darwen's amenities include attractions like Jubilee Tower, Bold Venture Park, and the Darwen Heritage Centre. It also features a town centre with shops and eateries, a leisure centre, the Darwen Library Theatre, and a market. The area is characterized by its industrial heritage, green spaces, and strong community feel.
BUYT IT NOW PRICE: £60,000
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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
CHARMING TENANTED TWO BEDROOM MID-TERRACE***GREAT INVESTMENT OPPORTUNITY WITH IMMEDIATE RENTAL INCOME
CLOSE TO DARWEN TOWN CENTRE AND LOCAL AMENITIES
ANNUAL RENTAL INCOME OF £7,800 PER ANNUM (PRODUCING ANNUAL RENTAL YIELD OF 12% BASED ON GUIDE PRICE)
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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