Summary - 38 QUEENSBERRY ROAD BURNLEY BB11 4LH
4 bed 3 bath Terraced
Ready-made, professionally managed buy-to-let with strong monthly income.
4 bedrooms with 3 en-suite rooms
This freehold Victorian terraced property is offered as a ready-made HMO investment with tenants in situ and a proven income stream. It currently generates £1,820 PCM (£21,840 pa), giving a gross yield of 10.92% at the guide price — ideal for investors seeking immediate returns.
The house has four bedrooms, three en-suite rooms and a spacious open-plan kitchen, finished to a high standard and presented as a fully compliant, professionally managed HMO. Its small footprint and traditional two-storey layout suit rental demand from constrained local renters and students.
Buyers should note material drawbacks candidly: the area is very deprived with high local crime rates, and viewings require 24 hours' notice because the property is tenanted. There are additional purchase costs via the Reservation fee process and buyer administration charges, which are payable on top of the sale price.
For an investor focused on near-term cashflow, this unit offers minimal setup work, fast broadband and established management. For buyers prioritising low-crime, affluent neighbourhoods, the local socio-economic profile and deprivation level are important negatives to weigh against the attractive yield.
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