Immediate rental income or conversion potential in central Burnley location.
Four bedrooms in an end-of-terrace Victorian property
This four-bedroom, end-of-terrace property in Burnley has been newly refurbished and offers immediate rental income or family use. At 883 sq ft with double glazing and gas central heating, the home presents a straightforward layout of living room, kitchen and one bathroom.
For investors the property is attractive: a tenant is in situ at £800pcm, giving an immediate yield, and the lay-out and fire-safety measures reportedly make conversion to a four-bed HMO feasible for higher returns. There is off-street parking for two cars and a large patio, useful for tenants or a small family.
Buyers should note material negatives plainly: the house is leasehold with a ground rent of £395, sits in a very deprived area with high local crime levels, and offers only one bathroom for four bedrooms. The overall footprint is compact, so bedrooms are small and the property will suit buyers who understand the size limits and local market dynamics.
This is a practical purchase for an investor seeking near-term rental income or a family prepared for a modestly sized, newly refurbished home near schools and transport. Financially minded buyers should factor in the leasehold costs, local socio-economic challenges and the limited bathroom provision when assessing long-term value.
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