Summary - 156, Cog Lane, BURNLEY BB11 5BQ
2 bed 1 bath Terraced
**Standout Features:**
- Mid-terrace Victorian property with classic stone facade
- Two spacious bedrooms with rental income of £425 PCM
- Generous reception room ideal for family living
- Practical kitchen and three-piece bathroom
- Private rear yard for minimal maintenance
**Concerns:**
- Leasehold tenure
- Needs some exterior maintenance
- High crime rate in the area
**Summary Description:**
Discover an attractive investment opportunity with this mid-terraced Victorian home located on Cog Lane in Burnley. Currently sold with a tenant in situ, generating a steady income of £5,100 annually (£425 per month), this property is perfect for investors looking to secure reliable rental returns in a transitional neighborhood. The generous reception room allows flexible living arrangements, while the well-appointed kitchen maximizes efficiency for daily tasks. Upstairs, two bright and adaptable bedrooms provide ample space for comfort. A functional bathroom and a private rear yard round out the offering, ideal for low-maintenance living. While the property does require some exterior maintenance, it presents unique renovation potential to enhance value. With its leasehold status, affordable council tax, and excellent nearby amenities, this could be the investment you've been searching for—don’t wait, as opportunities like this don’t last long!
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