Two-bedroom Victorian mid-terrace with 732 sq ft approx.
Offered via national online auction, this two-bedroom Victorian mid-terrace in Burnley is presented as an investment opportunity with a long lease (858 years). The property is let at £400pcm, providing immediate income, and sits in a residential area close to local amenities, schools and transport links.
The house requires some modernisation in places despite a fitted modern kitchen; expected works could increase rental value to market levels. EPC rating D, double glazing and gas central heating are in place, but the property’s stone walls likely lack insulation and the area records very high crime and significant deprivation — factors to weigh for longer-term letting or resale.
Sold with a tenant in situ and subject to a £3,600 administration/service charge payable on exchange, this property suits an investor seeking a low-entry purchase at auction. Bidding is via an online auction platform — consult the legal pack for disbursements, tenancy details and completion obligations before bidding.
