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3 Bed Terraced House, BMV, Burnley, BB12 8RN £55,000

Cardwell Street, Padiham, Burnley, Lancashire, BB12 8RN - 6 views - 10 months ago
  1. Deal Search
  2. Burnley
  3. BB12
  4. BB12 8RN
Sold STC
Leasehold
Auction
BTL
ROI: 15%
~93 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Burnley
  • More Deals in BB12
  • More Single Let Deals
  • More Single Let Deals in Burnley
  • More Single Let Deals in BB12

Property History

Listed for £55,000

March 6, 2025

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • THREE BEDROOM MID TERRACED +
  • LOFT ROOM +
  • GOOD RENTAL YIELD +
  • CLOSE TO TOWN CENTRE +
  • CLOSE TO MAJOR TRANSPORT LINKS +

Three-Bedroom Mid-Terraced Property

This three-bedroom mid-terraced property, offered at a competitive price below market value, presents an exceptional opportunity for investors looking to maximize rental yields in a thriving area. This property is an ideal addition to your portfolio.

Key Features
• Lounge
• Kitchen/Diner
• Three Bedrooms
• Bathroom
• Loft Room
• Town Centre Location
• Close to Major Transport Links
• Selling with Tenant in Situ

Location and Area Improvements
Located in Padiham, just minutes from the town centre, this property benefits from an array of local amenities and close to schools. The area has seen significant improvements in recent years, with substantial investments in flood defences that provide added peace of mind for residents. These upgrades demonstrate the local council’s commitment to enhancing the area’s future growth and appeal.
The property is well-connected with excellent transport links, including easy access to the M65 motorway, providing a quick route to nearby towns and cities, making it a prime location for commuters. Public transport options are also plentiful, with bus services that offer access to surrounding areas.

Investment Potential
Priced below market value, this property presents an attractive prospect for those looking for strong rental yield potential and future capital appreciation. Located in a desirable location and a commitment to local area improvements from the council, this is a must view property for savvy investors.

Due to leaking part of the roof has been replaced (February 2025), there is further work needed to replace windows.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 816
Ground Rent Review Period: £1.10 per year

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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