Occupied Victorian terrace producing immediate rental income near Burnley Hospital.
Immediate rental income £475 pcm with tenant in situ
A compact Victorian mid-terrace offered as an investment with a tenant in situ and immediate income of £475 pcm. The property sits close to Burnley Hospital and local amenities, benefiting from regular bus routes and easy access to the town centre.
Construction dates from before 1900 and the house retains traditional sandstone/limestone walls (assumed uninsulated). It has practical upgrades including UPVC double glazing and mains gas central heating via a boiler and radiators, but some internal areas are dated and will need modernization to increase long-term rental value.
This leasehold home suits a buy-to-let investor seeking steady rental yield and low holding costs (very cheap council tax). Be aware the area is very deprived with above-average crime statistics; that affects tenant demand, rent growth and resale prospects. The sale is for an occupied investment — viewings may be limited while tenancy continues.
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