Compact two-bedroom investment with tenant and long lease.
Tenant in situ paying £625pcm providing immediate rental income
Victorian stone mid-terrace with period character and two reception rooms
Two double bedrooms; compact room sizes throughout
Double glazing and mains gas central heating installed
Leasehold with 877 years remaining; ground rent details tbc
Limited external space, no garage, on-street parking only
Area very deprived and crime above average — factor into yields
Requires internal modernisation to maximise rental or resale value
A compact Victorian mid-terrace in Burnley offered as a buy-to-let with tenant in situ. The stone façade and original proportions give period character, while double glazing and gas central heating provide practical comfort for tenants. Located close to local shops, bus routes and Burnley Hospital, it suits landlords seeking immediate rental income.
The property comprises two double bedrooms, two reception rooms, a modern kitchen and a bathroom. Photos and descriptions indicate compact rooms and a need for internal modernisation to improve long-term rental value and appeal. There is limited external amenity — no garage and minimal yard — so outdoor space is restricted.
This is a leasehold investment with a very long lease remaining (877 years) and a tenant currently paying £625pcm, providing immediate cashflow. Drawbacks to factor in: the neighbourhood is in a very deprived area with above-average crime, and the property will likely need cosmetic and possibly systems updating. Broadband and mobile signal are strong, supporting tenant demand.
Suitable for an investor seeking a straightforward, low-entry-price rental with refurbishment upside. Be candid about the neighbourhood context and small room sizes when considering tenant mix and future rent growth.
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