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Offers Over   |   Ref: 33223314

£175,000

Pasture Lane., Barrowford

  •   2 Bedrooms
  •   1 Bathrooms
  •   1 Receptions

A fantastic opportunity to acquire this two double bedroomed end cottage which is located in the sought after village of…

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Key features

  • Stunning end cottage
  • Sought after village location
  • Currently used as profitable Holiday Let
  • Approximate net yield of 10%
  • Large lounge diner with multi fuel stove
  • Fully fitted modern kitchen
  • Downstairs WC
  • Two double bedrooms
  • Modern three piece bathroom
  • Low maintenance garden area and outbuilding with hot tub

Full property description

A fantastic opportunity to acquire this two double bedroomed end cottage which is located in the sought after village of Barrowford. The property is currently be let as a high end Holiday Let and currently generating an annual net income of approximately £20,000 per annum which is a net yield of over 10%.

The accommodation briefly comprises, entrance lobby accessed via composite door, well proportioned lounge/diner with feature fireplace with multi fuel stove and stairs providing access to the first floor. There is a fully fitted modern kitchen, which houses an excellent range of fitted wall, base and drawer units with contrasting granite work surfaces & splash backs, integrated oven & induction hob with extractor hood over. Completing the ground floor accommodation is a useful separate WC.

To the first floor is a spacious landing with fitted storage cupboard, there are two excellent sized double bedrooms, modern three piece bathroom which includes bath with shower over, low level wc and wash basin.

Externally to the rear is a pleasant low maintenance garden with Indian stone patio area, natural stone boundary walling and locked outbuilding with hot tub and power, lighting & water.

The property benefits from the modern day comforts of UPVC double glazing and gas fired central.

The property is currently registered as a holiday cottage and their are no rates that are payable but permission could be sought to return the property into residential use via Pendle Borough Council. No hands on management is required for current or future owner as operations are all run under Skies Holidays Ltd.

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