Summary - 28 BURNS STREET PADIHAM BURNLEY BB12 7EW
3 bed 1 bath Terraced
Established tenants deliver strong immediate rental income and simple management.
Three bedrooms with compact rear garden
A solid buy-to-let opportunity in Padiham: this mid-terrace Victorian home offers three bedrooms, a compact rear garden and established long-term tenants. The property produces a current gross rental income of £13,680 per year, giving a strong gross yield (~9.4%) at the asking price of £145,000 — attractive for investors seeking immediate income.
Internally the house is of modest proportions with a comfortable lounge/dining area and straightforward accommodation across two storeys. The stone-built façade and period layout give character typical of the area, while the accommodation appears well maintained for its type. Broadband and mobile signal are good, which supports modern lettings.
Buyers should note material factors: the property is leasehold, situated in an area with above-average crime and high deprivation measures, and on-street parking only. The current tenants do not intend to leave, so sale is likely to be to a buyer prepared to purchase with tenants in situ. A buyer’s premium applies to secure the sale — factor this into purchase costs.
This listing suits investors or portfolio builders looking for a straightforward, income-producing terrace in Burnley with potential for steady returns and low immediate void risk. Developers or small-scale landlords may also value the predictable rental stream and typical refurbishment potential for modest capital improvements.
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