TO BE SOLD BY ONLINE AUCTION ON 22ND OCTOBER UNLESS SOLD PRIOR UNDER AUCTION TERMS.109 Pine Street, Nelson, BB9 9HNTenanted and not yet inspected by Edward Mellor, but reported to comprise a lounge, kitchen/diner, two bedrooms and a bathroom with a rear yard. The property is currently tenanted at £525 per calendar month, providing an immediate rental income and representing a strong potential yield for investors. The AST has been requested. The tenants have expressed a desire to remain in situ. Please respect their privacy. Situated in a popular and established residential area of Nelson, the property is well placed for access to local shops, amenities, schools and transport links. With consistently high rental demand and excellent commuter connections via road and rail, the property offers a ready-made, low-maintenance investment opportunity and an easy addition to any buy-to-let portfolio.Here are some similar properties taken from the Land Registry which have sold nearby and help highlight the potential;27, Whitehall Street, Nelson, BB9 9JB-Sold - 20/08/2025 £78,000 Terraced 2 beds 0.18 mi14, Vincent Road, Nelson, BB9 9JG-Sold - 25/02/2025 £78,000 Terraced 2 beds 0.15 miTenant ready property rental values in the area are in the region of £525 pcmEPC rating – D
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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