Lot
046
Auction Ends: 22/02/2023 13:30 - Bidding opens Tuesday 21st February 10:00 AM

2 Quaker Lane, Darwen, Lancashire BB3 0ES

Property Details
Location
Auction Details
Description
A residential investment opportunity comprising a detached building recently refurbished to a high standard and affording 6 x 1 bedroom apartments. Five of the flats are currently let at monthly rents ranging between £525pcm - £600pcm, producing an annual income of approximately £34,000 with potential to further increase upon occupation of the vacant flat.
Location
The property is located in a predominantly residential position fronting on to Quakers Lane at the junction with Cotton Hall Street and Oliver Lane. Darwen railway station and town centre is approximately 500 metres to the south.
Tenure
Unknown
Tenancy

FlatASTRent
2a12 months dated 11.11.22£600pcm
2b6 months dated 25.01.22£525pcm
2c12 months dated 14.10.22£600pcm
2dVACANTVACANT
2e12 months dated 12.04.22£600
2f12 months dated 08.06.22£525pcm

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST FEBRUARY AND CLOSES ON WEDNESDAY 22ND FEBRUARY.

3. We understand from the vendor that each of the flats benefit from their own gas and electric supplies and are separately metered (not verified).

4. The property is held on a 999 year leasehold title dated 15th November 1870

5. Energy Performance Certificate =
Flat A = C
Flat B = B
Flat C = B
Flat D = C
Flat E = B
Flat F = B

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