Auction Commencing On Monday 09th February at 1pm and ending 24 hours later on Tuesday 10th February at 1pm with Auction House
Please register to bid via our website - auctionhouse.co.uk
Tenanted Two Bedroom Mid-Terrace | Investment Opportunity | Rental Uplift Potential
Situated within a well-established and popular residential location, conveniently positioned for Burnley town centre, local amenities and transport links, this two-bedroom mid-terraced property is offered for sale by auction as an ideal buy-to-let investment opportunity.
The property is arranged over two floors and extends to approximately 61.39 sq m (661 sq ft). Internally the accommodation briefly comprises:
Ground Floor:
Entrance porch
Good sized living room
Kitchen with dining area and access to the rear
First Floor:
Two good sized bedrooms
Bathroom suite with bath and over-shower, WC and wash basin
Externally, the property benefits from on-street parking, a small walled front garden, and rear access via an enclosed yard.
The property is currently let at £495 PCM (£5,940 per annum), however we understand there is scope to increase the rent in line with current market levels, offering investors the opportunity to improve returns.
A well-located and income-producing asset, ideal for investors seeking a straightforward addition to their portfolio with future growth potential.
Tenure: See Legal Pack
EPC Rating: C
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.