Let and refurbish: shop income plus HMO conversion potential in Burnley.
Ground-floor commercial shop currently leased, business optional
A rare mixed-use investment in Burnley offering a ground-floor commercial shop and a four-bedroom upper apartment across 1,066 sq ft. The shop is currently leased (business optional), providing immediate income, while the upper floors present clear conversion potential to an HMO subject to local consents. The property is leasehold and requires renovation throughout, so buyers should budget for refurbishment and compliance works.
Located on Lyndhurst Road in a built-up urban area, the building benefits from strong mobile signal and fast broadband—useful for commercial tenants and modern renters. Flood risk is low and council tax is very low, supporting running-cost advantages. The Victorian stone façade and corner position add street presence and character, making the property suitable for a range of commercial/residential uses.
Be candid about the local context: the area is classified as very deprived with high crime rates and constrained renter demographics, which will influence tenant selection and rental strategy. For investors willing to manage refurbishment and lettings, the combination of a let commercial unit plus residential HMO potential can deliver attractive yields in a market where demand for rental stock remains robust.
This opportunity suits experienced investors or small portfolio owners who can undertake renovation, navigate leasehold details and planning for HMO conversion. Immediate income from the shop reduces holding risk during works, but expect refurbishment costs, possible licensing, and active management in this neighbourhood.
High street retail property for sale in St. James's Street, Burnley, BB11 — £125,000 • 1 bed • 1 bath
Commercial property for sale in Colne Road, Burnley, BB10 1DU, BB10 — £800,000 • 1 bed • 1 bath
Commercial property for sale in Church Street, Burnley, BB11 — £110,000 • 1 bed • 1 bath • 815 ft²
2 bedroom terraced house for sale in Daneshouse Road, Burnley, Lancashire, BB10 — £80,000 • 2 bed • 1 bath
4 bedroom house of multiple occupation for sale in St. Matthew Street, Burnley, BB11 — £133,000 • 4 bed • 3 bath • 926 ft²
4 bedroom terraced house for sale in Queensberry Road, Burnley, BB11 — £140,000 • 4 bed • 3 bath • 1094 ft²


















































