Flat 1 & Flat 2 Griffin Works, Accrington, Lancashire, BB5 2HR

Lot 15 · BB5 2HR · Auction House North West · North West

£53,000guide price
19.2%gross yield
Residential19.2% gross yield

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Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

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Flat 1 & Flat 2 Griffin Works, Accrington, Lancashire, BB5 2HR
Photo: Auction House North West catalogue

About this lot

Apartment

Situation: The properties are situated on Clement Street, a popular and sought after area amongst a mix of other properties of both commercial and residential use, close to the heart of Accrington with its wealth of facilities and amenities, along with being within walking distance of the town centre. The wider North West area is easily accessible. Description: A wonderful opportunity to acquire this self contained block of 2 apartments, being well proportioned and versatile self contained flats. The properties offer good size accommodation and scope through remedial works to add value and generate a strong yield in this area of high rental demand. Potential combined income of £850pcm if renovated to a high standard (£10,200 per annum). Flat 1 First Floor Open Plan Lounge / Kitchen Bedroom 1 Shower Room Flat 2 First Floor Open Plan Lounge / Kitchen Bedroom 1 Shower Room Material Information Tenure: The properties form part of a title split; a new lease will be granted to the buyer for a term of 125 years with a peppercorn rent All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within Hyndburn Council. Possession: Vacant possession will be given upon completion. Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are…

From the Auction House North West listing. Read the full listing and legal pack →

Guide price history

We snapshot every lot weekly. A falling guide usually means the seller wants it gone; a rising one means interest.

10 Jun 2026£5,000
13 Jul 2026£53,000▲ £48,000

Key facts

15Lot number
ResidentialUse class
LeaseholdTenure
£10K/yrPassing income

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