Summary - 261, COAL CLOUGH LANE, BURNLEY BB11 4DH
3 bed 2 bath End of Terrace
Vacant possession with immediate rental potential circa £1,100pcm.
Two self-contained apartments with separate entrances
A traditional Victorian end-of-terrace converted into two self-contained apartments, offered with vacant possession and clear rental potential. The ground-floor unit spans lower and lower-ground levels and includes two bedrooms, a fitted kitchen, a three-piece shower room and a converted basement sitting room with utility/porch. The first-floor apartment provides open-plan living, two bedrooms and a separate W/C. Both apartments are currently Council Tax Band A.
Practical features include uPVC double glazing and gas central heating throughout, making the property straightforward to manage for a landlord or owner-occupier. Historic lettings at this address suggest a combined rental income of around £1,100pcm, which may suit a buy-to-let buyer seeking immediate income after minor works.
Important considerations: the property is leasehold and lies in a very deprived area with high local crime levels, which will affect tenant demand and long-term capital growth. The décor throughout is dated in places and will benefit from cosmetic updating; the EPC is currently TBC. Outdoor space is minimal. Prospective buyers should budget for routine maintenance and an updated EPC and check lease terms closely before purchase.
This is a clear income-focused opportunity for an investor comfortable operating in a challenging rental market, or for a buyer with renovation experience who can improve yields and presentation. Early viewing is recommended for those seeking a ready-to-let, two-flat property with immediate vacancy.
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