Auction Commencing on Monday 23rd February at 1pm and ending 24 hours later on Tuesday 24th February at 1pm with Auction House
Please register to bid via our website - auctionhouse.co.uk
Tenanted two-bedroom terrace producing £5,160 per annum.
FOR SALE BY AUCTION
8 Parkinson Street, Burnley, Lancashire, BB11 3LS
Tenanted two-bedroom mid-terrace investment property producing an immediate rental income of £430 per calendar month (£5,160 per annum).
The property is arranged over two floors and briefly comprises:
Ground Floor:
Front living room and a fitted kitchen to the rear.
First Floor:
Two bedrooms and a bathroom.
The accommodation layout and room dimensions are shown on the accompanying floor plan
The property benefits from uPVC double glazing and a traditional mid-terrace layout. Internally, the house would benefit from general modernisation, offering scope to improve both rental income and capital value.
The property is currently let at £430 pcm, providing instant income from completion, making it a straightforward addition to an investor’s portfolio.
Located in a popular residential area of Burnley, the property fronts directly onto Parkinson Street with on-street parking available.
Tenure: Freehold (to be confirmed)
Tenancy: Assured Shorthold Tenancy
Council Tax Band: A (to be confirmed)
An income-producing investment offered with tenants in situ.
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.