Immediate rental income in a compact, low-maintenance urban terrace.
Tenant in situ paying £760pcm, immediate income
Bay-fronted mid-terrace with two reception rooms
Three first-floor bedrooms and modern three-piece bathroom
UPVC double glazing and gas central heating present
Leasehold with very long term and nominal ground rent (£1)
EPC D; external stone walls likely uninsulated (improvement opportunity)
Located in very deprived area with high crime — affects demand
Small-to-average rooms; cosmetic upgrade may increase rent/value
This bay-fronted mid-terrace is offered as a buy-to-let with a long-standing tenant paying £760pcm, providing immediate rental income. The accommodation includes two separate reception rooms, an extended kitchen and three first-floor bedrooms, all presented in neutral, tenant-ready décor. UPVC double glazing and gas central heating are installed; relevant certification and an EPC rating of D are in place.
The property is leasehold with a very long residue and a nominal ground rent (£1). Council Tax is Band A, and the modest rear yard requires little maintenance. Internal room sizes are small-to-average, typical of older urban terraces, so returns should reflect compact usable space.
Material factors for investors: the building dates from before 1900 and external walls are likely uninsulated sandstone/limestone, so energy-efficiency improvements are possible but will require investment. The area is within a deprived, high-crime locality, which may affect tenant demand and rental growth. Offered with tenant in situ — viewings must accommodate existing tenancy.
Overall this is a straightforward, low-running-cost investment in Burnley suitable for investors seeking immediate income and light refurbishment potential. Consider planned upgrades (insulation, cosmetic kitchen/bath improvements, EPC uplift) to enhance capital value and broaden tenant appeal.
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