Yieldit are delighted to introduce this wonderful three bedroom terraced property to the market, located in the heart of Bacup.<br /><br />Earn instant income on this wonderful terrace house which compromises of; two double bedrooms; one single bedroom; one bathroom; entrance hallway; fitted kitchen and cellar. On street parking available. <br /><br />Last year Bacup received £1.18m from Historic England from the national High Street Heritage Action Zone programme so there hasn't ever been a better time to invest in property there. The council has revealed details of a local project which will upgrade 22 buildings, undertake public realm works to Burnley Road Memorial Garden and provide community events and a cultural programme.<br /><br />The Bacup 2040 plan for the £11.5m redevelopment of Bacup's core, including the Market Square, was reported on in February 2020 and later announced by the local council in June 2020. The first stages of the commencement of the Bacup 2040 work was announced in June 2020, with the £1m redevelopment of the long-time derelict Regal Building.<br /><br />Bacup is a popular area with 366 transactions recorded in the past 12 months, which is 100.1% higher than the national average of 183. This is also 16.8% lower than the year prior which had 440 transactions.<br /><br />Bacup has several transport links which include Walsden Station, Todmorden Station, Smithy Bridge Station, Littleborough Station, Burnley Manchester Road Station.<br />Nearby schools in Bacup, OL13 include Bacup Nursery School, Bacup Thorn Primary School, Bacup St Saviour's Community Primary School, St Mary's Roman Catholic Primary School a Voluntary Academy, St Joseph's Roman Catholic Primary School Stacksteads Bacup.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £4,800 <br /> Net income: £4,800 <br /> Gross yield: 4.8% <br /> Net yield: 4.8% <br /> <br /> IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.<br /><br /> <br /> <br /> yieldit ref: YL-17355