Near-term rental income with refurbishment upside and strong transport links.
Four-bedroom Victorian mid-terrace HMO with two sitting tenants in place
A four-bedroom mid-terrace Victorian property offered as an HMO with two sitting tenants and immediate rental income. The house occupies approximately 911 sq ft over two storeys and currently produces rental potential of about £1,440 pcm when fully let, making it suited to buy-to-let investors seeking a near-term income stream.
The accommodation mixes period character (stone façade, bay window) with practical, compact living spaces. The ground floor provides a communal living room, kitchen and utility/WC; the first floor has three further bedrooms and a shared bathroom. The kitchen is clean but dated and would benefit from updating to improve tenant appeal and rental value.
Important risk factors are clear and material: the property sits in a very high-crime, very deprived area and is small in overall size. It is leasehold (884 years remaining) and will be sold at auction via online secure bidding — purchasers should allow time for auction terms and completion times. Construction suggests cavity walls with assumed no added insulation which may affect running costs until upgraded.
This is a straightforward, practical investment purchase rather than a family home: strong transport links and proximity to Burnley town centre support tenant demand, but expect hands-on management, potential refurb costs, and a measured approach to tenant sourcing and safety compliance prior to re-letting.
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