Apartment block at newspaper's old home now on sale for a whopping £6million

Blackburn News

Apartment block at newspaper's old home now on sale for a whopping £6million
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The property was redeveloped in 2017

A Lancashire newspaper's former base - which was sold at auction back in 2017 then converted into apartments - is now back on the market for a cool £6million.

The former home of the Lancashire Telegraph, which includes private car parking, has now been put on the market promising a yield, or return on investment, of 11.2 per cent with a rental income of £40,275 a month. "Ranging from one-bedroom to three-bedroom layouts, this property is ideal for investors seeking to capitalise on the thriving rental market.

"Blackburn’s rental market is robust, with high demand for quality rental properties. This block of apartments presents an excellent opportunity for generating a rental income of £40,275pcm.

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