Summary - 30, Thurston Street, BURNLEY BB11 3DJ
4 bed 2 bath Terraced
Compact buy-to-let near Burnley town centre with strong rental potential.
Four-bedroom mid-terrace HMO layout over two floors
Potential rental income approx. £1,440 pcm (est.) when fully let
Freehold tenure; starting bid £95,000 at online auction
Two tenants currently in situ; two rooms vacant requiring re-let
Very high local crime and very high area deprivation
Small enclosed front garden and compact internal footprint
Council Tax Band A; EPC currently on order
Excellent mobile signal and fast broadband speeds
This compact Victorian terraced house in Burnley is presented as an HMO investment with immediate rental income and scope to increase returns once fully let. The property is freehold, arranged over two floors with four bedrooms, two bathrooms, a separate sitting room and a modern galley kitchen. Two tenants currently occupy the property; when fully let the vendor estimates around £1,440 pcm potential income (c.12% yield at the asking price).
Externally the home shows typical period terraced character including a projecting bay and small enclosed front garden. Internally the layout is efficient for multi-occupancy: medium-sized communal living space, contemporary kitchen fittings, laminate floors and standard ceiling heights. The footprint and garden are compact, matching other urban terraces in the area.
Important risk factors are clear: the neighbourhood records very high crime and ranks as very deprived, which will affect tenant profiles, lettings risk and resale prospects. The property is being sold at auction (Secure Sale online bidding) with terms and conditions applying and a starting bid of £95,000. Two rooms are currently vacant, so immediate lettings work may be needed to reach the projected income.
Practical details: council tax is Band A (very cheap), EPC is on order, and the property benefits from excellent mobile signal and fast broadband. The location is walkable to Burnley town centre, shops and transport links, which supports rental demand. This is a straightforward buy for an investor prepared for HMO management in a challenging neighbourhood and for purchasers comfortable with auction purchase terms.
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