4 bedroom end of terrace house for sale
Key information
Property description & features
- Tenure: Leasehold
- For Sale Via Modern Method Of Auction
- Potential For £30,000 Per Annum
- Formerly A Travellers Rest
- Two Reception Rooms
- Four Double Bedrooms
- Recently Installed Boiler & Wet Room
- Close To Amenities & Transport Links
- Near Rivington & Leeds Liverpool Canal
TD0461 - Located on the corner of Mount Pleasant and Chorley Road in the sought-after town of Adlington, this substantial end-terrace property presents a unique refurbishment opportunity. Formerly a traveller’s rest, the property retains its original charm while offering an expansive layout perfect for conversion into a spacious family home or a high-yielding House of Multiple Occupation (HMO).
Situated in Adlington, a desirable town close to Chorley and Horwich, this property benefits from excellent transport links, including a local train station with direct routes to Manchester, Preston, Blackpool, and Bolton, as well as easy access to the M61 motorway network. The area also offers scenic attractions such as the Leeds-Liverpool Canal and the nearby Rivington countryside, providing residents with beautiful outdoor spaces.
The ground floor features a large lounge and a comfortable sitting room, both of which can be converted into bedrooms with en-suites. The kitchen is generously proportioned as a kitchen diner, providing ample space for communal cooking and dining.
The first floor comprises four double bedrooms, a recently installed wet room, and a separate WC. With a thoughtful reconfiguration, Bedroom 3 and Bedroom 4 could be combined to create one larger room, allowing each upstairs bedroom to be fitted with an en-suite. This would ensure that all rooms in the property, both upstairs and downstairs, have the convenience of en-suite facilities.
Given its layout and location, this property has significant potential for rental income. With each en-suite room estimated to generate approximately £500 per month, the property could yield a substantial £30,000 per annum once fully refurbished and tenanted.
With its spacious interior, prime location, and significant rental potential, Mount Pleasant is an outstanding investment opportunity for those looking to enter the rental market or create a versatile family home.
Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
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Broadband availability and predicted speed: obtained from Ofcom on August 14, 2024
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Mobile phone signal availability and predicted strength: obtained from Ofcom on August 14, 2024
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