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Flat for sale Union Road, Accrington, BB5

OIEO (Offers in excess of)
£100,000
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Added on 15/10/2026

For sale by auction
Type
Flat
Bedrooms
Studio
Tenure
Ask agent

Key features

  • Buyers fees apply
  • Subject to reserve price
  • For sale by modern auction - t & c's apply
  • Excellent commercial investment opportunity
  • Established hair salon premises
  • Current income of £1,525 per month
  • Potential to increase rental income
  • Well-maintained throughout
  • Spacious salon with additional treatment room
  • Shower room, laundry room, utility room and wc

About this property

Excellent Investment Opportunity – Established Hair Salon with Income Potential

An excellent opportunity to acquire a well-maintained commercial premises currently operating as a hair salon, offering an attractive investment opportunity for both experienced investors and those looking to enter the commercial property market. The property is presented in excellent condition, meaning there is no immediate work required, allowing a purchaser to benefit from the existing setup from day one.

Floorplan

Council tax

Ask agent
Per year
  • Band A
    £1,644
  • Band B
    £1,918
  • Band C
    £2,192
  • Band D
    £2,466
  • Band E
    £3,014
  • Band F
    £3,562
  • Band G
    £4,110
  • Band H
    £4,932

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Hyndburn, 2026/27 bills run from £1,644 a year in band A to £4,932 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Hyndburn, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Union Road, Accrington, BB5

Mortgage and stamp duty

Property price £100,000
£50k £150k
Deposit10% £10,000
£0 £100k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £90,000 mortgage. Most lenders would want a household income of about £20,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
353, Union Road TerracedJun 2026915 sq ft £87/sq ft£80,000
295, Union Road TerracedJun 2022904 sq ft £88/sq ft£80,000
299, Union Road TerracedMar 2021807 sq ft £87/sq ft£69,950
295, Union Road TerracedAug 2019904 sq ft £73/sq ft£66,000
293, Union Road TerracedNov 20151,055 sq ft £66/sq ft£70,000
293, Union Road TerracedMar 20121,055 sq ft £50,000
291, Union Road TerracedJul 2010893 sq ft £50/sq ft£45,000
299, Union Road TerracedJun 2010807 sq ft £105/sq ft£85,000

All sales on Union Road → All sold prices in Accrington →

Area insights

The neighbourhood around this property.

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