Terraced house for sale in Nelson BB9, 2 Bedroom

Nelson is a town in the Borough of Pendle in Lancashire and approximately 4 miles north of Burnley. The town is located just off Junction 13 of the M65 motorway, which runs west to Burnley, Accrington, Blackburn and Preston, and northeast to Colne. The A56 runs through the town centre southwest to the M65 by Brierfield and northeast to Colne and further. The A682 leads north into the Yorkshire Dales.

One of the largest business parks in Nelson is in Lomeshaye by junction 12 of the M65. It is home to over 80 businesses which employ approximately 4,000 people. A former cotton mill, now Lomeshaye Business Village contains a further 151 small and medium sized businesses nearby.

Prices in BB9 have increased 20% over the last 5 years (+1% in the last 12 months) and are £73k based on the average of the previous 12 months. This varies by property type (£91k for a 1-bed flat to £543k for a 5-bed detached property).

On average, there have been 51 properties sold per month in the area in the last 12 months.

In comparison, prices in the wider Blackburn bb postcode area average £111k over the last 12 months and range between £88k for a 1-bed flat to £392k for a 5-bed detached property.

2 bedrooms; 1 bathrooms; 1 reception
Price: £48,500 Freehold
Rent: £325 pcm; £3,900 pa
Gross yield: 8%
Tenancy type: Ast
Tenancy start date: 09/07/2016
Tenancy end date: 08/01/2017
Deposit: £325

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The documents relating to the property are the latest available at the date of listing. Certain documents may expire or become inaccurate over time.

Please note that prospective buyers will be required to pay a fee of £900 per unit to Vesta upon acceptance of an offer on this property. The seller of the property will also pay a fee to Vesta.