Blackburn, BB1 1AF | Investment Property for Sale | VES-BB1-006

Opportunity to purchase a 74-unit block in Blackburn generating £532,947 rent pa & gross yield of 7.8%


74-unit Block




Based on

deposit: £1,712,500

stamp duty: £205,500

mortgage fees: £1,500

conveyancing fees: £74,000






The block













Block information

  • Office to residential conversion
  • Spread over three floors (ground to second floor)
  • The block comprises:
    • 67 x 1-bed apartments
    • 6 x 2-bed apartments
    • 1 x 3-bed apartment
  • Each apartment comes with:
    • lounge/kitchen/bedroom
    • bathroom
  • Comes with 50 parking spaces
  • EPC ratings C & D
  • Council tax band: A

Rental information

  • The block is fully let, generating:
    • Aggregate monthly rental income: £44,412.25
    • Aggregate annual rental income: £532,947

Available upon request

  • EPCs for all units
  • Block breakdown
  • Full floorplans

Location information

  • The property is located in the centre of Blackburn
  • All local amenities are just a short walk away
  • Blackburn railway station is a 2-minute walk away
  • Easy access to the local road network


Please note that Vesta has not visited this property and that the vendor has provided all material.


Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Blackburn, Lancashire

Blackburn is a town in Lancashire in north west England. It lies around 8 miles east of Preston and 21 miles north-west of Manchester.

The town is very well connected by road, with the A666 and A667 passing through the town and the M65 motorway running south of Blackburn. The M65 connects to the M61 at junction 9 and the M6 at junction 29.

Blackburn railway station is located in the centre of town and is served by Northern Trains. On the Ribble Valley Line regular trains run south to Manchester Victoria and north to Clitheroe. On the East Lancashire Line there are train services to Preston and Colne, with some through trains to Blackpool South. On the Caldervale Line trains run to Blackpool North as well as to Bradford Interchange, Leeds and York. There are also direct services to Manchester Victoria via Accrington and Burnley and a few through trains to Southport via Wigan Wallgate.

The local landmarks include Blackburn Cathedral, Ewood Park, Queen Victoria’s statue, and the Town Hall. Blackburn has several parks including Corporation Park, Queen’s Park, Roe Lee Park and Witton Country Park.

Other places to visit include Turton and Entwistle Reservoir, King Georges Hall, Blackburn Museum & Art Gallery, Planet Ice Blackburn, Bureau Centre for the Arts and Mrs Dowsons Farm, to name a few.

The Mall Shopping Centre offers a variety of high street brands as well as independent stores. On the ground floor of the shopping centre is Blackburn Market which offers a variety of stalls selling fresh and seasonal produce, textiles, electrical items, clothes, gifts and more. Further retailers can be found in the streets surrounding the shopping centre.

Education in Blackburn is provided by a large number of primary schools, nine state-funded secondary schools and one private secondary school, as well as a few special schools. There are two further education colleges in town and the East Lancashire Institute of Higher Education offer higher education courses for the over 18s.

The main employers in Blackburn include Blackburn College, Thwaites Brewery, BAE Systems, Blackburn with Darwen Borough Council and the East Lancashire Hospitals NHS Trust.

High Street,


Blackburn with Darwen,



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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

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