Summary - 24, Pine Street BB11 3AE
2 bed 1 bath Terraced
Low-cost Victorian fixer with strong rental potential near town centre.
Two-bedroom Victorian mid-terrace, circa 776 sq ft
This mid-terrace Victorian property on Pine Street is offered as a refurbishment project with clear investment potential. At about 776 sq ft it provides two bedrooms, a spacious reception room and straightforward room proportions suitable for rental conversion or resale after updating. The central location close to Burnley town centre supports strong tenant demand and convenient access to shops, schools and transport.
The house is in need of renovation throughout: cosmetic updating, likely internal repairs and potential insulation upgrades to the traditional stone walls. Heating is mains gas via boiler and radiators and the glazing is double glazed although installation date is unknown. The leasehold has approximately 847 years remaining, and council tax is very low, which can help running costs after refurbishment.
Important drawbacks are factual: the property sits in a very deprived area with very high local crime rates, and there is an active public notice/repossession on file. There is no front garden and on-street parking only. Buyers should allow budget for works and carry out their own surveys and searches before exchange.
For investors with a clear risk appetite, this is a low-price entry into Burnley with scope to add value through renovation and targeted letting. For first-time buyers seeking move-in-ready accommodation this will require substantial work.
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