Income-producing home with tenant in place and clear refurbishment potential.
- Two-bedroom Victorian mid-terrace, approx. 689 sq ft
- Tenant in situ paying £500 pcm (sale with tenant)
- Leasehold with 867 years remaining
- Mains gas boiler and radiators, double glazing present
- Likely uninsulated stone walls; refurbishment needed to improve efficiency
- Located in very deprived area with high local crime
- Fast broadband and nearby amenities and Good-rated primary schools
- Small-to-medium rooms, on-street parking only
A compact two-bedroom mid-terrace in Burnley offered with a sitting tenant paying £500 pcm, presenting immediate rental income for a buy-to-let investor. The property sits in a Victorian-built street of brick facades with standard ceiling heights and small-to-medium rooms across approximately 689 sq ft.
The house is leasehold with a long unexpired term (867 years) and basic double glazing. Heating is mains gas via boiler and radiators. Broadband speeds are reported fast, and local amenities and several primary schools with Good Ofsted ratings are within walking distance.
The location is in an area classified as very deprived with high local crime and a predominance of constrained renters; this influences tenant pool, resale prospects and lettings risk. The building’s original sandstone/limestone walls are assumed to lack insulation, and the interior will suit buyers prepared to update finishes and improve thermal performance.
Suitable for an investor seeking immediate cashflow and renovation upside, the home requires practical, not structural, attention. Viewing is by appointment only and the sale includes the tenant in situ, so buyers should factor tenancy logistics and local market conditions into offers.
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