Summary - 4 PARKER LANE BURNLEY BB11 2BY
1 bed 1 bath Commercial Property
Freehold shop with income and an unfinished upper-floor conversion into a three-bed flat.
Freehold mid-terraced building on busy Burnley high street
Ground-floor shop currently let; immediate rental income
Upper-floor conversion half finished to potentially create three-bed flat
Back kitchenette, pantry and substantial storage for retail operations
Requires renovation to complete residential conversion and modernise
Located near Burnley Bus Station — strong pedestrian footfall
Very high local crime and very deprived area may affect lettings
No external garden; small plot with limited outside space
Located on a busy Burnley high street close to the bus station, this freehold mid-terraced property delivers immediate rental income from a trading ground-floor shop while offering clear uplift through residential conversion above. The bright, prominent storefront and extensive shelving make the retail unit operational now and easy to let or retain as cash-generating space.
The upper floor has had conversion works started and could be completed as a three-bedroom apartment with bathroom, kitchen/living area and separate WC. That unfinished project gives a purchaser scope to control costs, specify finishes and increase long-term value once works are finished. The property includes practical back-of-house space: kitchenette, pantry and generous storage.
Buyers should note material drawbacks: the conversion is incomplete and the building needs renovation to finish the apartment and modernise parts of the property. The location scores high for footfall but sits in a very deprived area with very high recorded crime levels — factors that can affect tenant profiles, management costs and resale timing. External space is minimal; no garden is described.
Overall this mixed-use freehold will suit an investor or an owner-occupier seeking immediate retail income plus a clear, controllable route to greater capital value by completing the upstairs conversion. Budget realistically for completion works and ongoing management given local deprivation and security considerations.
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